AMMO Inc. (POWW) Acknowledges Receipt of Urvan Lawsuit

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AMMO Acknowledges Receipt of Urvan Lawsuit

May 4, 2023 4:15 PM EDT

SCOTTSDALE, Ariz., May 04, 2023 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (AMMO or the Company), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today acknowledged receipt of a lawsuit filed by Steve Urvan in the Delaware Court of Chancery.

Mr. Urvan has served as a director of the Company since April 2021 when he joined the Board of Directors upon the closing of the Companys... More