Outdoor Holding settles SEC investigation without monetary penalty; agrees to cease-and-desist

Outdoor Holding Co

SEC settlement imposes no civil penalty; company agrees to cease-and-desist from future securities law violations.
Settlement stems from failures to disclose former executive officer's role, related-party transactions, and misstated financials (restated FY2022-2024).
Company must engage outside compliance consultant to review internal controls and adopt recommendations within two years.
Company previously replaced senior leadership, restated financials, and strengthened governance; Board added independent members.

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