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Outdoor Holding Company Appoints Steve Urvan As Chairman And CEO Effective May 30, 2025, Following Divestiture Of Ammo Division And Litigation Settlement; Also Regains Nasdaq Compliance For Timely Reporting Requirements

Author: Benzinga Newsdesk | May 28, 2025 04:15pm

Board Appoints Steve Urvan, Founder of GunBroker.com and Largest Shareholder, as Chairman and CEO

Announces Regained Compliance with Nasdaq Listing Rule Regarding Timely Periodic Reporting

SCOTTSDALE, Ariz., May 28, 2025 (GLOBE NEWSWIRE) -- Outdoor Holding Company (NASDAQ:POWW, POWWP))) ("Outdoors Online," "we," "us," "our" or the "Company"), the owner of GunBroker.com, the largest online marketplace for firearms, hunting and related products, today announced that Steve Urvan will serve as the Company's Chief Executive Officer and Chairman of the Board following the recent closing of the divestiture of the Company's ammunition manufacturing division and in connection with the settlement of litigation between Mr. Urvan and the Company. Mr. Urvan's appointment will be effective at 5:00 p.m. Eastern Time on May 30, 2025, provided that, as of such time, Nasdaq has not objected to the settlement transaction described in more detail below (the "Effective Date"). Mr. Urvan is the founder of GunBroker.com and single largest shareholder of the Company.

Posted In: POWW

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