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The latest announcement is out from AMMO ( (POWW) ).
AMMO, Inc. has received a deficiency notice from Nasdaq for missing the deadline to file its quarterly financial report, attributed to an ongoing independent investigation. The company has until January 2025 to submit a compliance plan, with the potential for a 180-day extension if accepted. While AMMO is diligently working on the report, there’s no guarantee of meeting Nasdaq’s requirements, risking delisting, though no immediate impact on stock listing is expected.
For a thorough assessment of POWW stock, go to TipRanks’ Stock Analysis page.
