---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-008231"
form_type: "8-K"
ticker: "POWW"
cik: "0001015383"
company_name: "Outdoor Holding Co"
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:18:09.981461+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AMMO receives Nasdaq deficiency for late 10-Q; restates FY 2018-2020 results

## Summary
- Nasdaq notice on Feb 19, 2025 for failure to timely file Q3 10-Q (quarter ended Dec 31, 2024).
- Company must submit compliance plan by March 6, 2025; Nasdaq may grant exception until May 19, 2025.
- Audit Committee concludes FY 2018-2020 and transition period financial statements should no longer be relied upon.
- Errors arise from share-based compensation valuation, capitalization of issuance costs, and accounting for convertible notes/warrants.
- Material weaknesses in internal control and ineffective disclosure controls identified for those periods.

## SEC filing metadata
- accession: 0001493152-25-008231
- form_type: 8-K
- ticker: POWW
- cik: 0001015383
- company_name: Outdoor Holding Co
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 4.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015383/000149315225008231/0001493152-25-008231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015383/000149315225008231/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-008231
- JSON: https://secwatch.observer/filing/0001493152-25-008231.json
- Plain text: https://secwatch.observer/filing/0001493152-25-008231.txt

## Key facts
- Auditor Changes
  Outdoor Holding Co reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: On February 24, 2025, the Audit Committee, after consultation with the Company’s management and its accounting advisors and consultants, concluded that the previously reported financial statements as of and for (i) the years ended March 31, 2020, 2019 and 2018 and December 31, 2017, (ii) all interim periods within such years and (iii) the transition period (the “ Transition Period ”) from January 1, 2018 to March 31, 2018 (collectively, the “ Prior Periods ”), including the auditors’ reports on the financial statements for all fiscal years within the Prior Periods and the Transition Period (collectively, the “ Prior Period Financial Statements ”), should no longer be relied upon due to errors in such financial statements
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015383/000149315225008231/0001493152-25-008231-index.htm
- Listing & Compliance Notices
  Outdoor Holding Co received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: late filing
  - Rules: 5250(c)(1)
  source text: February 19, 2025, the Company received an additional deficiency notification letter (the “ Notice ”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“ Nasdaq ”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “ Listing Rule ”) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2024 (the “ Form 10-Q ”), as described more fully in the Company’s Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the “ SEC ”) on F
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015383/000149315225008231/0001493152-25-008231-index.htm

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