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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. FORM 10 - K [ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31 , 2021 ] TRANSITION REPORT UNDER SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from DELAWARE ( State of incorporation ) OR Securities registered pursuant to Section 12 ( b ) of the Act : Title of each class Common Stock , $ 0.001 par value AMMO , Inc. ( Exact Name of Registrant as Specified in its Charter ) 001-13101 ( Commission File No. ) 7681 E Gray Road , Scottsdale , AZ 85260 ( Address of Principal Executive Offices ) ( Zip Code ) Registrant's telephone number including area code : ( 480 ) 947-0001 Large accelerated filer [ ] Non - accelerated filer [ X ] Emerging growth company [ ] Trading Symbol ( s ) to POWW POWWP 83-1950534 ( I.R.S. Identification Number ) 8.75 % Series A Cumulative Redeemable Perpetual Preferred Stock , $ 0.001 par value Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes [ ] No [ X ] Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes [ ] No [ X ] Indicate by check mark whether the issuer ( 1 ) filed all reports required to be filed by Sections 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the past 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes [ X ] No [ ] Name of each exchange on which registered The Nasdaq Stock Market LLC ( Nasdaq Capital Market ) The Nasdaq Stock Market LLC ( Nasdaq Capital Market ) Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes [ X ] No [ ] Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Accelerated filer [ ] Smaller reporting company [ X ] If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . [ ]