AMMO Inc. (POWW) Receives Nasdaq Deficiency Notice

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AMMO, Inc. Received Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

November 26, 2024 6:15 AM EST

SCOTTSDALE, Ariz., Nov. 26, 2024 (GLOBE NEWSWIRE) -- AMMO, Inc. (Nasdaq: POWW, POWWP) (AMMO, we, us, our 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 announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (Nasdaq) on November 20, 2024 (the Notice). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the Listing Rule) as a result of... More