AMMO Chairman Resigns Amid Nasdaq Compliance Issues

AMMO ( (POWW) ) has provided an announcement.

On April 2, 2025, AMMO, Inc. received a deficiency notification from Nasdaq for failing to hold an annual stockholders meeting within the required timeframe, risking potential delisting if compliance is not achieved by September 29, 2025. The company plans to submit a compliance plan by May 19, 2025, and the notice currently does not affect the listing of its stock. On April 4, 2025, Fred W. Wagenhals resigned as Executive Chairman and Chairman of the Board, effective immediately, without any disagreements with the company. He entered a Separation Agreement entitling him to certain benefits, including a $700,000 cash severance payment, in exchange for a release of claims and adherence to confidentiality and non-disparagement covenants.

Spark’s Take on POWW Stock

According to Spark, TipRanks’ AI Analyst, POWW is a Neutral.

AMMO’s overall stock score of 46 reflects challenging financial performance, with declining revenue and profitability issues. While the balance sheet is strong, technical indicators suggest bearish momentum. Valuation is unattractive due to negative earnings. Corporate events offer mixed effects, with asset sales providing potential growth opportunities but compliance issues posing risks.

To see Spark’s full report on POWW stock, click here.

More about AMMO

YTD Price Performance: 10.68%

Average Trading Volume: 892,192

Technical Sentiment Signal: Strong Buy

Current Market Cap: $155.6M

Learn more about POWW stock on TipRanks’ Stock Analysis page.