other material
confidence high
sentiment neutral
materiality 0.70
Outdoor Holding Company completes Texas redomestication; Urvan appointed President
Outdoor Holding Co
- Stockholders approved the Texas Redomestication at the September 28, 2026 annual meeting; conversion became effective September 30, 2026 at 10:59 p.m. Central Time.
- Each share of POWW common and POWWP 8.75% Series A preferred converted 1-for-1 into Texas corporation shares; both continue trading on Nasdaq with no interruption.
- Steven F. Urvan, Chairman and CEO, was appointed President effective at the Effective Time; no new material plans, contracts or arrangements were entered into.
- At the annual meeting, 100,008,661 shares (86.17%) were represented; Proposal 3 received 74,116,057 for, 10,985,633 against and 268,587 abstentions.
- Stockholders also ratified Grant Thornton LLP as independent auditor for fiscal 2027 and elected five directors, including Urvan, Tsentas, Walker, Akhavan and Douglas.