AMMO INC

Ticker: POWW CUSIP: 00175J107 Class: Common Stock

R Squared Ltd's Holding History (CIK: 0001896148)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 18,579 Value ($000) $32 Avg Close $1.72 Range $1.42 - $2.08

Q4 2024

Shares 4,810 Value ($000) $5 Avg Close $1.19 Range $0.95 - $1.44

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	18,579	$32	$1.72	$1.42 - $2.08
Q4 2024	4,810	$5	$1.19	$0.95 - $1.44