---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-001405"
form_type: "8-K"
ticker: "POWW"
cik: "0001015383"
company_name: "Outdoor Holding Co"
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T02:51:06.994316+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AMMO, Inc. enters $20M revolving credit agreement with Sunflower Bank

## Summary
- Borrowers include AMMO, AMMO Technologies, Enlight Group II, and AMMO Munitions.
- Total revolving commitment of $20M, maturing December 29, 2026.
- Interest rate: Term SOFR + 3.00% with a 3.50% floor.
- Borrowing base: 85% of eligible accounts plus the lesser of 60% of eligible inventory or 85% of appraised NOLV.
- Proceeds for working capital, permitted acquisitions, and stock repurchases.

## SEC filing metadata
- accession: 0001493152-24-001405
- form_type: 8-K
- ticker: POWW
- cik: 0001015383
- company_name: Outdoor Holding Co
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015383/000149315224001405/0001493152-24-001405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015383/000149315224001405/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-001405
- JSON: https://secwatch.observer/filing/0001493152-24-001405.json
- Plain text: https://secwatch.observer/filing/0001493152-24-001405.txt

## Key facts
- Debt Financings
  Outdoor Holding Co incurred revolving credit of $20,000,000 with Sunflower Bank, N.A., as administrative agent and collateral agent at Term SOFR, plus 3.00% maturing December 29, 2026.
  - Instrument: revolving credit
  - Principal: $20,000,000
  - Counterparty: Sunflower Bank, N.A., as administrative agent and collateral agent
  - Rate: Term SOFR, plus 3.00%
  - Maturity: December 29, 2026
  - Event: incurrence
  source text: given to such terms in the Agreement Under the terms of the Agreement, the Lenders have provided to the Borrower a revolving loan in the principal amount of the lesser of (a) $20,000,000 (the “Total Commitment Amount”) and (b)the Borrowing Base (a formula based on certain amounts owed to Borrower for goods sold or services provided and eligible inventory (the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015383/000149315224001405/0001493152-24-001405-index.htm
- Material Agreements
  Outdoor Holding Co entered into Loan and Security Agreement with Sunflower Bank, N.A., as administrative agent and collateral agent valued at $20,000,000 (effective 2023-12-29).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Sunflower Bank, N.A., as administrative agent and collateral agent
  - Value: $20,000,000
  - Effective: 2023-12-29
  source text: (the “Company”) entered into a Loan and Security Agreement (the “Agreement”) by and among the Company and other borrowers party to the Agreement (collectively, the “Borrower”), the lenders party thereto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015383/000149315224001405/0001493152-24-001405-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.