AMMO receives Nasdaq deficiency notice for late Q3 10-Q amid independent investigation

Outdoor Holding Co

Received Nasdaq deficiency notice on Nov 20, 2024 for failing to timely file Q3 10-Q.
Delay caused by ongoing independent investigation by Special Committee retained law firm.
Must submit compliance plan by Jan 21, 2025; Nasdaq may grant extension until May 19, 2025.
No immediate effect on listing of common or preferred stock, but failure could lead to delisting.
Company cannot provide specific timing for filing 10-Q, intends to file as soon as practicable.

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