secwatch / observer

Outdoor Holding Co — fact timeline

Source-grounded facts extracted from Outdoor Holding Co's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

POWW Outdoor Holding Co JSON
Earnings Releases

Outdoor Holding Co reported Fiscal 2026 results: revenue $51.1 million.

“Net revenues increased 3.5% over the year to $51.1 million from $49.4 million”
Earnings Releases

Outdoor Holding Co reported fourth fiscal quarter and year ended March 31, 2026 results: revenue $13.9 million.

“its financial results for its fourth fiscal quarter and year ended March 31, 2026. Fourth Quarter Fiscal 2026 vs. Fourth Quarter Fiscal 2025 - Revenue increased 10.1% to $13.9 million from $12.6 million - Gross profit rose to $12.2 million from $11.0 million - Gross profit margin increased slightly to 87.6% from 87.5% - Operating expenses decreased to $15.1”
Auditor Changes

Outdoor Holding Co engaged Withum Smith+Brown, PC as its auditor.

“on July 2, 2025, the Committee approved the engagement of Withum as the Company’s independent registered public accounting firm”
Auditor Changes

Outdoor Holding Co dismissed Pannell Kerr Forster of Texas, P.C. as its auditor.

“f Outdoor Holding Company (the “ Company ”) approved the replacement of Pannell Kerr Forster of Texas, P.C. (“ PKF ”) as the Company’s independent registered public accounting firm, due to the acquisition of certain assets of”
Debt Financings

Outdoor Holding Co incurred loan of $12.0 million with Steven F. Urvan at 6.50% per annum maturing 12th anniversary of the Effective Date.

“the Company agreed to issue to Urvan, or his affiliated designee, an unsecured promissory note in a principal amount of $12.0 million (“ Note 1 ”).”

Steve Urvan was appointed as Chief Executive Officer at Outdoor Holding Co.

“New Chief Executive Officer Biographical Information and Arrangements The Settlement Agreement provides that the Board will direct its Compensation Committee to develop a compensation plan for Urvan that contemplates a base salary of $1.00 for the first year of his employment as Chief Executive Officer.”

Jared Smith resigned as Chief Executive Officer at Outdoor Holding Co.

“The information set forth in Item 1.01 regarding the resignation of Mr. Smith and the appointment of Urvan is incorporated by reference into this Item 5.02.”
Governance Changes

Outdoor Holding Co: Name change from AMMO, Inc. to Outdoor Holding Company via filing of Certificate of Amendment (effective 2025-04-21).

“To effectuate the Name Change, on April 21, 2025, the Company filed with the Delaware Secretary of State a certificate of amendment (the “Certificate of Amendment”) to the Company’s amended and restated certificate of incorporation.”
M&A Transactions

Outdoor Holding Co completed a disposition involving Olin Winchester, LLC for $75,000,000 (closed 2025-04-18).

“Ammunition Manufacturing Business, and (ii) assumption of certain liabilities of the Seller Group related to the Ammunition Manufacturing Business, for a gross purchase price of $75,000,000, subject to certain adjustments, including for estimated net working capital and real property costs and prorations and additional adjustments contemplated by the First Amendment”
Listing & Compliance Notices

Outdoor Holding Co received a nasdaq noncompliance notice notice regarding other (rules 5620(a)).

“April 2, 2025, AMMO, Inc. (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 5620(a) (the “ Listing Rule ”) as a result of the Company’s failure to hold an annual meeting of stockholders within twelve months of the end of the Company’s fiscal year ended March 31, 2024. The Listing Rule requires that a Nasdaq-listed company hold an annual meeting of shareholders no later than one year after t”

Fred W. Wagenhals resigned as Executive Chairman and Chairman of the Board at Outdoor Holding Co.

“Fred W. Wagenhals delivered notice to the Board of Directors of the Company (the “ Board ”) of his resignation from his position as the Executive Chairman of the Company and as Chairman of the Board, effective immediately.”

Jessica M. Lockett resigned as Director at Outdoor Holding Co.

“On March 30, 2025, Jessica M. Lockett notified the Board of Directors (the “ Board ”) of AMMO, Inc. (the “ Company ”) of her resignation from her position as a member of the Board and all committees thereof, effective immediately.”
Auditor Changes

Outdoor Holding Co reported that prior financial statements should not be relied upon.

“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”
Listing & Compliance Notices

Outdoor Holding Co received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“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”

Rob Wiley resigned as Chief Financial Officer at Outdoor Holding Co.

“On September 19, 2024, the Company received a notice of resignation from its Chief Financial Officer, Rob Wiley, effective September 20, 2024.”

Paul Kasowski was appointed as Chief Financial Officer at Outdoor Holding Co.

“the Board of Directors (“Board”) of Ammo, Inc (“Company”) named Mr. Paul Kasowski the Company’s new Chief Financial Officer, effective September 20, 2024.”
Earnings Releases

Outdoor Holding Co reported third quarter of fiscal 2024, ended December 31, 2024 results: revenue $36.0 million, net income ($1.6) million, EPS ($0.02).

“and components, today reported results for its third quarter of fiscal 2024, ended December 31, 2024. Third Quarter Fiscal 2024 vs. Third Quarter Fiscal 2023 ● Net Revenues of $36.0 million ● Gross profit margin of approximately 30.3% compared to 32.4% ● Adjusted EBITDA of $5.4 million compared to $6.2 million ● Net loss of ($1.6) million, compared to a net loss”
Shareholder Votes

Outdoor Holding Co shareholders approved Approval of the Stock Incentive Plan Amendment Proposal at the 2024-01-11 meeting.

“Proposal 3: Approval of the Stock Incentive Plan Amendment Proposal. The shareholders approved the Ammo, Inc. 2017 Equity Incentive Plan amendment. For Against Abstentions Broker Non-Votes 30,794,026 27,938,690 1,571,111 1,734,895”
Shareholder Votes

Outdoor Holding Co shareholders approved Ratification of the Appointment of Pannell Kerr Forster of Texas, P.C. as the Company's Independent Registered Public Accounting Firm at the 2024-01-11 meeting.

“Proposal 2: Ratification of the Appointment of Pannell Kerr Forster of Texas, P.C. as the Company’s Independent Registered Public Accounting Firm. The shareholders ratified the appointment of Pannell Kerr Forster of Texas, P.C. as the Company’s independent registered public accounting firm, as recommended by the Company’s board of directors. For Against Abstentions 60,970,715 293,367 774,640”
Shareholder Votes

Outdoor Holding Co shareholders approved Election of Nine Directors to Serve until the 2024 Annual Meeting at the 2024-01-11 meeting.

“Proposal 1: Election of Nine Directors to Serve until the 2024 Annual Meeting. Each nominee was elected by the Company’s shareholders, as recommended by the Company’s board of directors: Nominee For Abstain Broker-Non Votes Fred W. Wagenhals 55,732,198 4,717,546 1,588,978 Russell William Wallace, Jr. 51,059,614 9,244,214 1,734,894 Jared R. Smith 57,498,351 2,805,477 1,734,894 Randy E. Luth 51,790,454 8,513,374 1,734,894 Jessica M. Lockett 47,618,935 12,684,893 1,734,894 Steven F. Urvan 53,192,510 7,111,318 1,734,894 Richard R. Childress 51,188,094 9,115,734 1,734,894 Wayne Walker 54,178,508 6,125,320 1,734,894 Christos Tsentas 52,459,236 7,844,592 1,734,894”
Debt Financings

Outdoor Holding Co incurred revolving credit of $20,000,000 with Sunflower Bank, N.A., as administrative agent and collateral agent at Term SOFR, plus 3.00% maturing December 29, 2026.

“given to such terms in the Agreement Under the terms of the Agreement, the Lenders have provided to the Borrower a revolving loan in the principal amount of the lesser of (a) $20,000,000 (the “Total Commitment Amount”) and (b)the Borrowing Base (a formula based on certain amounts owed to Borrower for goods sold or services provided and eligible inventory (the”
Material Agreements

Outdoor Holding Co entered into Loan and Security Agreement with Sunflower Bank, N.A., as administrative agent and collateral agent valued at $20,000,000 (effective 2023-12-29).

“(the “Company”) entered into a Loan and Security Agreement (the “Agreement”) by and among the Company and other borrowers party to the Agreement (collectively, the “Borrower”), the lenders party thereto”
Earnings Releases

Outdoor Holding Co reported the fiscal quarterly period ended September 30, 2023 results: revenue $34.4 million, net income ($7.5) million, EPS ($0.07).

“components, today reported results for its second quarter of fiscal 2024, ended September 30, 2023. Second Quarter Fiscal 2024 vs. Second Quarter Fiscal 2023 ● Net Revenues of $34.4 million ● Gross profit margin of approximately 24.1% compared to 26.6% ● Adjusted EBITDA of $1.2 million compared to $5.7 million ● Net loss of ($7.5) million, compared to a net loss”
Earnings Releases

Outdoor Holding Co reported financial results for first quarter of fiscal 2024, ended June 30, 2023.

“On August 9, 2023, Ammo, Inc. (the "Company") reported its financial results for the fiscal quarterly period ended June 30, 2023.”

Fred W. Wagenhals was appointed as Executive Chairman at Outdoor Holding Co.

“On the Effective Date, Mr. Wagenhals departed as CEO, effective immediately, and the Board appointed Mr. Wagenhals the Company’s Executive Chairman”

Jared R. Smith was appointed as Chief Executive Officer at Outdoor Holding Co.

“On July 24, 2023 (the “Effective Date”), the Board appointed Mr. Smith as CEO and as a member of the Board (the “Smith Appointment”).”
Earnings Releases

Outdoor Holding Co reported Fourth Quarter 2023 ended March 31, 2023 results: revenue Net Revenues decreased 37.7% to $43.7 million., net income Net loss of ($2.9) million, compared to net income of $0.5 million., EPS Diluted EPS of ($0.03), compared to $0.00..

“Fourth Quarter 2023 Overview ● Net Revenues decreased 37.7% to $43.7 million. ● Gross profit margin of approximately 27.3%. ● Adjusted EBITDA of $3.8 million compared to $10.7 million. ● Net loss of ($2.9) million, compared to net income of $0.5 million. ● Diluted EPS of ($0.03), compared to $0.00.”
Earnings Releases

Outdoor Holding Co reported Fourth Quarter and Fiscal Year 2023 ended March 31, 2023 results: revenue Net Revenues of $191.4 million, a 20.3% decrease., net income Net loss of ($4.6) million, compared to net income of $33.2 million., EPS Diluted EPS of ($0.07), compared to $0.27..

“Fiscal Year 2023 Overview ● Net Revenues of $191.4 million, a 20.3% decrease. ● Gross profit margin of approximately 28.9%. ● Adjusted EBITDA of $26.4 million, compared to $60.8 million. ● Net loss of ($4.6) million, compared to net income of $33.2 million. ● Diluted EPS of ($0.07), compared to $0.27.”
Earnings Releases

Outdoor Holding Co reported third quarter of fiscal 2023, ended December 31, 2023 results: revenue $38.7 million, net income ($4.1) million, EPS ($0.04). Guidance lowered.

“today reported results for its third quarter of fiscal 2023, ended December 31, 2023. Third Quarter Fiscal 2023 vs. Third Quarter Fiscal 2022 ● Net Revenues decreased 40% to $38.7 million. ● Gross profit margin of approximately 32.3%. ● Historical Adjusted EBITDA of $7.9 million compared to $20.1million. ● Updated Adjusted EBITDA of $4.8 million compared to”
Shareholder Votes

Outdoor Holding Co shareholders approved Approval of the Stock Incentive Plan Amendment Proposal at the 2023-01-05 meeting.

“Proposal 4: Approval of the Stock Incentive Plan Amendment Proposal. The shareholders approved the Ammo, Inc. 2017 Equity Incentive Plan amendment. For Against Abstentions Broker Non-Votes 28,882,181 26,718,899 757,094 1,877,058”
Shareholder Votes

Outdoor Holding Co shareholders approved Approval on an Advisory Basis of the Compensation of Named Executive Officers at the 2023-01-05 meeting.

“Proposal 3: Approval on an Advisory Basis of the Compensation of Named Executive Officers. The shareholders approved, on an advisory basis, the compensation of our named executive officers . For Against Abstentions Broker Non-Votes 49,858,872 5,716,333 782,969 1,877,058”
Shareholder Votes

Outdoor Holding Co shareholders approved Ratification of the Appointment of Pannell Kerr Forster of Texas, P.C. as the Company's Independent Registered Public Accounting Firm at the 2023-01-05 meeting.

“Proposal 2: Ratification of the Appointment of Pannell Kerr Forster of Texas, P.C. as the Company’s Independent Registered Public Accounting Firm. The shareholders ratified the appointment of Pannell Kerr Forster of Texas, P.C. as the Company’s independent registered public accounting firm, as recommended by the Company’s board of directors . For Against Abstentions 56,689,569 705,837 839,825”
Shareholder Votes

Outdoor Holding Co shareholders approved Election of Nine Directors to Serve until the 2023 Annual Meeting at the 2023-01-05 meeting.

“Proposal 1: Election of Nine Directors to Serve until the 2023 Annual Meeting. Each nominee was elected by the Company’s shareholders, as recommended by the Company’s board of directors : Nominee For Abstain Broker-Non Votes Fred W. Wagenhals 50,920,362 5,437,812 1,877,058 Russell William Wallace, Jr. 46,039,692 10,318,482 1,877,058 Harry S. Markley 49,611,704 6,746,470 1,877,058 Jessica M. Lockett 48,870,399 7,487,775 1,877,058 Richard R. Childress 47,566,005 8,772,150 1,897,077 Steven F. Urvan 53,773,495 2,584,677 1,877,060 Wayne Walker 51,069,318 5,288,856 1,877,058 Christos Tsentas 52,862,113 3,496,061 1,877,058 Randy E. Luth 52,940,458 3,417,716 1,877,058”

Jared R. Smith was appointed as Chief Operating Officer and President at Outdoor Holding Co.

“On December 15, 2022, Ammo, Inc. (the “Company”) appointed Mr. Jared R. Smith, age 44, as Chief Operating Officer and President of the Company effective January 3, 2023.”

Rob Goodmanson resigned as President at Outdoor Holding Co.

“Rob Goodmanson resigned as President of the Company effective December 31, 2022.”
Material Agreements

Outdoor Holding Co amended Amendment to Settlement Agreement with Steven F. Urvan and Susan T. Lokey (the Urvan Group) valued at Amendment to postpone 2022 annual meeting deadline to January 5, 2023, plus payment of legal fees an (effective 2022-11-21).

“As previously disclosed, on November 3, 2022, AMMO, Inc. (the “ Company ”) entered into a Settlement Agreement (the “ Settlement Agreement ”) with Steven F. Urvan and Susan T. Lokey (collectively with each of their respective affiliates and associates, the “ Urvan Group ”). The Settlement Agreement provided that, among other things, the Company would convene the 2022 annual meeting of stockholders (the “ 2022 Annual Meeting ”) no later than December 15, 2022. As the Company currently plans to convene its 2022 Annual Meeting after such date, the Company and the Urvan Group have entered into an Amendment to Settlement Agreement, dated November 21, 2022 (the “ Amendment ”), to provide that the Company shall convene the 2022 Annual Meeting no later than January 5, 2023.”
Earnings Releases

Outdoor Holding Co updated its 2023 Fiscal Year guidance (lowered).

“We are reducing our guidance for our 2023 Fiscal Year to revenues in the range of $220 million to $240 million, EBITDA in the range of $30 million to $40 million and Adjusted EBITDA in the range of $50 million to $60 million.”
Earnings Releases

Outdoor Holding Co reported second quarter of fiscal 2023, ended September 30, 2022 results: revenue approximately $48.3M, net income Net loss of ($0.8) million, EPS Diluted EPS of ($0.01). Guidance reaffirmed.

“to our most recent year-end with $414M in total assets, $40M in Liabilities and $374M in shareholders equity. Total revenues for the second fiscal quarter were approximately $48.3M in comparison to approximately $61M in the prior year quarter - this was a decrease of 21% from the prior year quarter. This decrease is in line with the industry decline of our”
Material Agreements

Outdoor Holding Co entered into Settlement Agreement with Steven F. Urvan and Susan T. Lokey (effective 2022-11-03).

“On November 3, 2022, AMMO, Inc. (the “ Company ”) entered into a Settlement Agreement (the “ Settlement Agreement ”) with Steven F. Urvan and Susan T. Lokey”

Wayne Walker was appointed as Director at Outdoor Holding Co.

“Effective November 3, 2022, Christos Tsentas and Wayne Walker have been appointed as members of the Board.”

Christos Tsentas was appointed as Director at Outdoor Holding Co.

“Effective November 3, 2022, Christos Tsentas and Wayne Walker have been appointed as members of the Board.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.