secwatch.observer — SEC 8-K summary
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Issuer:     Outdoor Holding Co (POWW)
CIK:        0001015383
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0001493152-24-001405
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015383/000149315224001405/0001493152-24-001405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015383/000149315224001405/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-001405

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer