---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-013152"
form_type: "8-K/A"
ticker: "POWW"
cik: "0001015383"
company_name: "Outdoor Holding Co"
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T02:19:02.873988+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Outdoor Holding settles litigation; appoints Urvan CEO/Chairman, issues $51M notes and warrants

## Summary
- Settlement with Urvan: $12M Note 1 + $39M Note 2 (unsecured) plus warrants for 7M shares (Warrant) and option for 13M more (Additional Warrant).
- Jared Smith resigns as CEO and director; Steven Urvan appointed CEO and Chairman of the Board effective May 21, 2025.
- Legacy directors (Childress, Smith, Wagenhals, Wallace) enter 3-year standstill and agree to vote with Board recommendations.
- All litigation dismissed with prejudice; parties deny any wrongdoing or liability.
- Urvan's base salary set at $1 for first year; Compensation Committee to develop bonus and equity plan with Board-approved benchmarks.

## SEC filing metadata
- accession: 0001641172-25-013152
- form_type: 8-K/A
- ticker: POWW
- cik: 0001015383
- company_name: Outdoor Holding Co
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015383/000164117225013152/0001641172-25-013152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015383/000164117225013152/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-013152
- JSON: https://secwatch.observer/filing/0001641172-25-013152.json
- Plain text: https://secwatch.observer/filing/0001641172-25-013152.txt

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