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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 Congratulates its Client, Ammo, Inc. on its Successful $240 Million Acquisition of

Lucosky Brookman ( congratulates its client, Ammo, Inc. (NASDAQ: POWW) ( on its successful $240 Million acquisition of ( Lucosky Brookman is proud to have been able to serve as lead M&A counsel to the company, as it strives to create further accretive value for shareholders. This tremendous accomplishment is the result of months of hard work by management, the board, the firm, and many others, culminating in a watershed moment for the company.

Ammo, Inc. is a premier American ammunition and munition components manufacturer and technology leader. is the world’s largest on-line auction marketplace dedicated to firearms, hunting, shooting and related products. The transaction involved an approximate $240 million merger of reorganized entities resulting in and certain affiliates becoming a wholly owned subsidiary of Ammo.

Lucosky Brookman Managing Partner, Joseph Lucosky, commented, "Congratulations to our client, Ammo, Inc., on this tremendous accomplishment. The successful closing of this $240 Million acquisition is a testament to the hard work of a multitude of people. While this transaction was significant because of its size, scope and complexity, it was even more amazing because of the incredible team effort put forth by the company and its many professionals, including the many Lucosky Brookman Practice Groups which were utilized during the course of the transaction -- from the M&A Practice Group led by Adele Hogan, to the firm's Lending Practice Group, to our Corporate & Securities Practice Group, to our Intellectual Property Practice Group -- it was a remarkable team effort."

Fred Wagenhals, AMMO’s Chairman and CEO, stated, “We could not be more excited about bringing the team into the AMMO family. Everyone worked hard to make this happen -- and we will now set about to further expand the brand as we leverage the amazing IT platform Steve Urvan and his team developed to bring AMMO products and a host of other products and merchandise to the vibrant marketplace." Fred further noted that “With the transaction successfully closed, our team has reached another vertical integration milestone for the Company, representing an opportunity to diversify our revenue base with high profit-margin business offered through a premier brand deploying best-in-class secure transactional technology.”'s majority shareholder, Steve Urvan, commented: “I am excited we have closed the transaction so I can take my seat on the Board of this dynamic and growing company. I am confident our newly expanded AMMO team will bring innovative products and solutions for our expanding and loyal customer base. The marketplace is going to enjoy the new shopping opportunities that serve the firearms, ammunition and accessory outdoor and shooting sports markets as we roll them onto the platform.”