AMMO Inc. (POWW) announces proposed public offering of common stock
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AMMO, INC. ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK
March 11, 2021 4:46 PM ESTSCOTTSDALE, Ariz., March 11, 2021 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW) (AMMO or the Company), a premier American ammunition and munition components manufacturer and technology leader, today announced that it intends to offer and sell newly issued shares of its common stock in an underwritten public offering. AMMO is expected to grant the underwriters a 30-day option to purchase up to an additional 15% of the number of shares of common stock sold by AMMO in connection with the offering.
AMMO intends to use the net proceeds from this... More
