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POWWP AMMO, Inc. - 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock

Dividends on the Series A Preferred Stock offered hereby are cumulative from May 21, 2021 and will be payable on a quarterly basis on the fifteenth day of each of March, June, September, and December, when, as and if declared by our board of directors. Dividends will be payable out of amounts legally available therefor at a rate equal to 8.75% per annum per $25.00 of stated liquidation preference per share, or $2.1875 per share of Series A Preferred Stock per year. Commencing on May 18, 2026, we may redeem, at our option, the Series A Preferred Stock, in whole or in part, at a cash redemption price of $25.00 per share, plus all accrued and unpaid dividends to, but not including, the redemption date.   This security was issued by AMMO Inc, whose common stock symbol is POWW.

$24.11  0.00 (0.00%)
As of 03/24/2023 00:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Consumer Discretionary
Industry:  Leisure
Index country:  USA
Country of incorporation:  USA
IPO date:  05/21/2021
Outstanding shares:  138,220
Average volume:  3,504
Market cap:   $3,409,887
Current dividend yield:  8.87%    calculation
Coupon rate:    8.750%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   05/18/2026
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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