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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/4/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1015383 |
| Issuer Name: AMMO, INC. |
| Issuer Trading Symbol: POWW |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 937437 |
| | Owner Name: WAGENHALS FRED W |
| Reporting Owner Address: |
| | Owner Street 1: 7681 EAST GRAY ROAD |
| | Owner Street 2: |
| | Owner City: SCOTTSDALE |
| | Owner State: AZ |
| | Owner ZIP Code: 85260 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: EXECUTIVE CHAIR |
| | Other Text: |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/4/24 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Timeliness: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 221,138 |
| | | Transaction Price Per Share: |
| Value: 2.43 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,066,700 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Reflects the sale of shares by the Reporting Person to finance the acquisition and improvement of real estate for use as a personal residence. |
| Footnote - F2: The reported price in Column 4 is a weighted average sale price of the sale of 221,138 shares of Common Stock. These shares were purchased in multiple transactions at prices ranging from $2.40 to $2.495 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. |
| Owner Signature: |
| Signature Name: /s/ Fred Wagenhals |
| Signature Date: 3/6/24 |
