The Law Offices of Frank R. Cruz announces an investigation of AMMO, Inc. (“AMMO” or the “Company”) (NASDAQ: POWW) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On September 24, 2024, after market hours, AMMO announced that its Chief Financial Officer had resigned “at the request of the Board.” Additionally, the Company disclosed that it is conducting an independent investigation into its “internal control over financial reporting for the fiscal years 2020 through 2023.”

On this news, AMMO’s stock price fell sharply during after hours trading, thereby injuring investors.

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If you purchased AMMO securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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