AMMO, Inc. Received Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

AMMO, Inc. announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of the Nasdaq on November 20, 2024. The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, as described more fully in the Company’s Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission on November 13, 2024.