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Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman Client AMMO, Inc. Closes $115 Million Underwritten Public Offering

Lucosky Brookman LLP ( is pleased to announce that its client, AMMO, Inc. (NASDAQ: POWW), a NASDAQ-listed premier American ammunition and munition components manufacturer and technology leader, closed an underwritten public offering of its common stock at a price of $5.00 per share, raising an aggregate amount of approximately $115 Million.  Lucosky Brookman acted as corporate and securities legal counsel to the company.  Roth Capital Partners LLC and Alexander Capital L.P. acted as co-lead underwriters.

Managing Partner of Lucosky Brookman, Joseph Lucosky commented, “On behalf of all of the attorneys and staff at the Firm, we congratulate AMMO.  This $115 Million offering is testament to management’s hard work, dedication and commitment to excellence.  We were delighted to have had the opportunity to assist the company as they worked diligently to raise capital to grow the company and benefit all shareholders.  We are looking forward to continuing our partnership with AMMO in the coming years.”

AMMO designs and manufactures products for law enforcement, military, sport shooting and self-defense.  The company was founded in 2016 with a vision to change, and innovate the munitions industry.  AMMO promotes branded munitions as well as its patented Streak Visual Ammunition and armor piercings for military use.  AMMO intends to use the net proceeds from the offering for general corporate purposes and working capital purposes, including debt reduction and capital expenditures.  In addition, AMMO may use a portion of the proceeds for potential acquisitions.  For more information, please visit: