home · filing · 0001493152-22-030771
8-K filed November 7, 2022, 6:59 PM ET
ticker POWW
CIK 0001015383
other material
confidence high
sentiment neutral
materiality 0.70
AMMO settles with Urvan Group; adds two directors, suspends business split, forms CEO succession committee
Outdoor Holding Co
Board expands to nine with appointment of Christos Tsentas and Wayne Walker; both will stand for election at Dec 15 annual meeting.
Urvan Group withdrew seven director nominees, agreed to vote shares for Board's slate; standstill limits ownership to 18.5%.
CEO Succession Committee formed with Urvan, one new director, and two non-Urvan directors; will engage search firm.
Company suspends planned separation of ammunition and marketplace businesses into two public companies due to market conditions.
Internal investigation into Urvan and Lokey ended; Urvan remains on Board; both to resign employment after Dec 31, 2022.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Appointed
Wayne Walker
Director
POWW ·
Outdoor Holding Co
Effective 2022-11-03
Filed November 7, 2022, 6:59 PM ET
Effective November 3, 2022, Christos Tsentas and Wayne Walker have been appointed as members of the Board.
Appointed
Christos Tsentas
Director
POWW ·
Outdoor Holding Co
Effective 2022-11-03
Filed November 7, 2022, 6:59 PM ET
Effective November 3, 2022, Christos Tsentas and Wayne Walker have been appointed as members of the Board.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Wayne Walker was appointed as Director at Outdoor Holding Co.
Action appointed
Role Director
Exact text from the filing
Effective November 3, 2022, Christos Tsentas and Wayne Walker have been appointed as members of the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Christos Tsentas was appointed as Director at Outdoor Holding Co.
Action appointed
Role Director
Exact text from the filing
Effective November 3, 2022, Christos Tsentas and Wayne Walker have been appointed as members of the Board.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Outdoor Holding Co entered into Settlement Agreement with Steven F. Urvan and Susan T. Lokey (effective 2022-11-03).
Action entry
Agreement settlement
Counterparty Steven F. Urvan and Susan T. Lokey
Effective 2022-11-03
Exact text from the filing
On November 3, 2022, AMMO, Inc. (the “ Company ”) entered into a Settlement Agreement (the “ Settlement Agreement ”) with Steven F. Urvan and Susan T. Lokey
View on SEC.gov
Source: SEC EDGAR
accession 0001493152-22-030771
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.