The Notice has no immediate effect on the listing of the Company’s common stock or preferred stock on Nasdaq. About AMMO, Inc.

Additional information about the Company’s financial condition, results of operations and cash flows can be found in the Form 10-K and Forms 10-Q filed today with the SEC.

(the "Listing Rule") as a result of the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2024 (the "Form 10-Q"), as described more fully in the ...