secwatch / observer
8-K filed November 22, 2022, 6:59 PM ET ticker POWW CIK 0001015383
other material confidence high sentiment neutral materiality 0.25

AMMO amends settlement with Urvan Group; delays 2022 annual meeting to Jan 5, 2023

Outdoor Holding Co

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Outdoor Holding Co amended Amendment to Settlement Agreement with Steven F. Urvan and Susan T. Lokey (the Urvan Group) valued at Amendment to postpone 2022 annual meeting deadline to January 5, 2023, plus payment of legal fees an (effective 2022-11-21).

Action
amendment
Agreement
settlement
Counterparty
Steven F. Urvan and Susan T. Lokey (the Urvan Group)
Value
Amendment to postpone 2022 annual meeting deadline to January 5, 2023, plus payment of legal fees an
Effective
2022-11-21
Exact text from the filing
As previously disclosed, on November 3, 2022, AMMO, Inc. (the “ Company ”) entered into a Settlement Agreement (the “ Settlement Agreement ”) with Steven F. Urvan and Susan T. Lokey (collectively with each of their respective affiliates and associates, the “ Urvan Group ”). The Settlement Agreement provided that, among other things, the Company would convene the 2022 annual meeting of stockholders (the “ 2022 Annual Meeting ”) no later than December 15, 2022. As the Company currently plans to convene its 2022 Annual Meeting after such date, the Company and the Urvan Group have entered into an Amendment to Settlement Agreement, dated November 21, 2022 (the “ Amendment ”), to provide that the Company shall convene the 2022 Annual Meeting no later than January 5, 2023.
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Source: SEC EDGAR
accession 0001493152-22-033251
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