TV Ammo has filed a notice of an exempt offering of securities to raise $50,000,008.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, TV Ammo is raising up to $50,000,008.00 in new funding. Sources indicate that as part of senior management President, Chris Tedford played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About TV Ammo
True Velocity Ammunition (TVA) is a technology company that manufactures the most advanced composite cased munitions available. TVA is on average 30% lighter than brass rounds. TVA production is environmentally friendly. TVA rounds operate in all environments to meet demands of any mission. TVAs production technology reduces the manufacturing footprint by 80% when compared to a traditional brass facility. TVAs lighter weight ammunition reduces transportation costs. TVA technology generates strategic and tactical advantages, including better performance than the polymer and brass (composite) ammunition available in todays market. TVA produces all small calibers from 5.56mm- 14.5mm. Our technology is scalable to medium and large caliber munitions. It can be color coded to match projectile type and lower operational signature; provides substantial flash reduction; spent casings are cool to touch; and functions in all fielded weapons platforms without modifications.
To learn more about TV Ammo, visit http://www.tvammo.com/
TV Ammo Linkedin Page: https://www.linkedin.com/company/true-velocity/
Contact:
Chris Tedford, President
972-487-6552
https://www.linkedin.com/in/chris-tedford-96528215a/
SOURCE: http://www.intelligence360.io
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