AMMO, Inc. ($POWW), owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, said the response to its recent ammunition donation to Ukraine has received overwhelming support. The company donated 1,000,000 rounds of ammunition to the Ukrainian Armed Forces.
Fred Wagenhals, AMMO’s Chairman & CEO, commented, “We’ve received an overwhelming response from our shareholders, customers, vendors and partners in support of our donation offer to help the Ukrainian Armed Forces in their fight for freedom. I’m grateful for everyone’s generosity and willingness to provide additional financial support to supplement our efforts. The management team is working around the clock to navigate the logistical and legal complexities involved in seeing that the ammunition is swiftly delivered to the proper parties in Ukraine.
“With the folks supporting our Company as shareholders by investing in POWW, it is important to us to make certain we ensure all of our current and incoming shareholders and supporters see their gracious offers to donate directed in real-time to support the brave men, women and children in Ukraine.
Shares of $POWW are trading flat on Tuesday.