POWW News

The first week of the December IPO market saw eight IPOs and ten SPACs raise $3.9 billion, led by Chinese education technology group 17 Education (YQ). Filing activity continued to slow as we near the end of 2020, with one IPO and eight SPACs submitting initial filings. Chinese education technology group 17 Education & Technology Group...read more

AMMO Inc., a US manufacturer of branded and specialty ammunition, raised $18 million by offering 8.6 million shares at $2.10, below that last close of its shares on the OTCQB (POWW). The company offered 1.4 million more shares than anticipated. At pricing, the company raised 20% more in proceeds than anticipated to command a market value of $124 million. AMMO Inc. plans to...read more

AMMO, which manufactures ammunition products for the sporting and other industries, announced terms for its IPO on Thursday. The Scottsdale, AZ-based company plans to raise $15 million by offering 7.1 million shares at $2.10, below that last close of its shares on the OTCQB (POWW). At the midpoint of the proposed range, AMMO would command a market value of $121 million. ...read more

AMMO, which manufactures ammunition products for the sporting and other industries, filed on Tuesday with the SEC to raise up to $15 million in an initial public offering. The company is currently listed on the OTCQB (POWW). The company designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, and law enforcement...read more