Smith & Wesson Brands, Inc. Announces Record and Distribution Dates for American Outdoor Brands, Inc. Spin-Off
Smith & Wesson Brands, Inc., one of the world’s leading providers of firearms and quality products for the shooting, hunting, and rugged outdoor enthusiast, today announced that its board of directors has approved the previously announced separation from Smith & Wesson Brands, Inc. of its outdoor products and accessories business into an independent, publicly traded company. Upon consummation of the spin-off, the two companies will consist of:
- Smith & Wesson Brands, Inc., which will include the firearms business; and
- American Outdoor Brands, Inc., which will include the outdoor products and accessories business.
Smith & Wesson Brands will effect the separation through a spin-off whereby it will distribute 100 percent of the shares of American Outdoor Brands common stock to Smith & Wesson Brands’ stockholders of record as of the close of business on the record date of August 10, 2020 on a pro rata basis. The distribution of American Outdoor Brands’ shares is expected to be completed effective as of 12:01 a.m. Eastern Time on August 24, 2020, with Smith & Wesson Brands stockholders receiving one share of American Outdoor Brands common stock for every four shares of Smith & Wesson Brands stock. No fractional shares will be distributed in connection with the spin-off. A cash payment will be made in lieu of any fractional shares. Continue reading
Millions of New Gun Owners Will Enjoy National Shooting Sports Month in August
America’s millions of first-time firearm owners will find National Shooting Sports Month® in August a great time to pursue training and learn about the dozens of target shooting sports they can enjoy with their newly purchased firearm.
Developed by NSSF®, the firearm industry trade association, National Shooting Sports Month reminds everyone—newcomers as well as experienced gun owners—about the safe, fun, exciting activity of target shooting. It’s a pastime more than 52 million Americans, adults and youth, engage in.
What about the coronavirus? Whether you visit an outdoor or indoor range, target shooting is an activity where social distancing can be followed relatively easily. Also, the shooting sports are well-suited to socializing while heeding your state and local coronavirus safety guidelines.
Here’s 10 great reasons to head to the range during National Shooting Sports Month: Continue reading
Henry Issues Safety Warning and Recall Notice of Henry Single Shot Rifles and Shotguns
Henry Repeating Arms Company announced that it is voluntarily recalling all H015-series Single Shot Rifles and Single Shot Shotguns manufactured prior to July 1, 2020. Henry has recently discovered a potential safety issue wherein, under certain conditions, it is possible that some of these models may discharge without the trigger being pulled if the hammer is partially cocked and released. To prevent the possibility of death or serious personal injury, you should immediately stop using all H015-series Single Shot Rifles and Single Shot Shotguns and not load or fire them until they have been upgraded.
The safety issue leading to this voluntary recall was discovered internally while testing the existing fire control system for a trigger pull upgrade. This is the first product safety recall in the company’s nearly 25-year history. Although not every Henry H015-series firearm may be affected, Henry Repeating Arms is requesting that all Single Shot Rifles and Single Shot Shotguns be returned to be upgraded free of charge pursuant to this recall to prevent the possibility of the firearm discharging without the trigger being pulled. All H015 owners should visit the Henry H015 Recall website at HenryUSA.com/recall, email recall@henryusa.com, or call 1-866-200-2354 (M-F, 9am ET-5pm ET) to obtain additional information and begin the upgrade process.
Henry Repeating Arms will upgrade all returned Single Shot Rifles and Single Shot Shotguns in the order in which they are received. Henry Repeating Arms is ready to begin performing the upgrade as the firearms are received. Information on the current turnaround time for firearms returned to be upgraded will be provided at HenryUSA.com/recall. Henry Repeating Arms will make every effort to minimize the amount of time required to upgrade and return your firearm. As a sign of appreciation to its customers, Henry Repeating Arms will also perform an unrelated performance upgrade to improve the trigger pull on all firearms returned pursuant to this recall free of charge.
Savage’s Rascal Minimalist Brings Style to Micro Rimfires
Savage Arms has taken the quintessential introductory rimfire in another bold direction. The new Rascal Minimalist mirrors the stylish lines and laminate stock of its bigger brother, Minimalist, yet retains the features and compact sizing that has made Rascal America’s favorite firearm for teaching kids marksmanship and safety skills.
“The laminate stock and bright color combinations of Rascal Minimalist make this a stylish rifle,” said Beth Shimanski, Director of Marketing for Savage. “And it demonstrates, again, Savage’s commitment to providing the very best tools to every shooter—even those who are just learning to shoot.”
Savage’s Rascal is built on the industry’s safest micro rimfire action. Like the rest of the Rascal family, Rascal Minimalist is a single-shot rifle that cocks by lifting the bolt. It unloads just as easily – without the need to pull the trigger. The design builds superior shooting skills thanks to full-size rifle features, including Savage’s user-adjustable AccuTrigger™ system and a threaded (1/2-28) barrel. Continue reading
NSSF Hails Congressional Passage of Great American Outdoors Act
NSSF, the trade association for the firearm industry, praised the U.S. House of Representatives’s bipartisan passage of H.R. 1957, the Great American Outdoors Act. This historic legislation is among the most meaningful legislative measures for sportsmen conservationists ever. The bill now moves to President Donald Trump’s desk.
The Great American Outdoors Act is a leap forward to delivering on the promise of sustained wildlife conservation, public land hunting and recreational shooting for current and future generations of outdoorsmen and women. The bipartisan legislation ensures full, dedicated funding for the Land and Water Conservation Fund (LWCF) and addresses the maintenance backlog of public lands and water projects across the United States. Those projects include wildlife habitat conservation, road and trail repairs and increased recreational access to our public lands and waters. NSSF is confident that the legislation will be signed into law by President Trump who has previously expressed support for the bill.
“This will be a great example of a promise kept by the Trump Administration for America’s sportsmen and women,” said Lawrence G. Keane, NSSF Senior Vice President of Government Relations and Public Affairs and General Counsel. “Secretary David Bernhardt and U.S. Fish and Wildlife Service Director Aurelia Skipwith recognize that our nation’s public lands belong to all Americans and the Trump Administration delivered on the guarantee that those lands and waters are accessible to America’s conservation-minded hunters and recreational target shooters. Those men and women are the greatest stewards of our natural resources and this initiative to expand and open new opportunities will nurture the next generation to enjoy and preserve our national outdoor heritage.”
Henry Gears Up for The Henry 180 at Road America
The NASCAR Xfinity Series Race to Include Custom Trophy Rifles, Giveaways, Free Admission for Frontline Healthcare Workers & Veterans, and a New Livery for Chase Briscoe
98 – Henry Arms – PROFILE
Amidst a racing season plagued by delays and cancellations due to the COVID-19 pandemic, NASCAR recently announced a fourth installment in a return to racing, which keeps the Henry 180 on track to see the green flag drop on Saturday, August 8th with full trackside fan attendance.
As the title sponsor of the 2020 Henry 180 NASCAR Xfinity Series race at Road America in Elkhart Lake, WI, Henry Repeating Arms is continuing its partnership with the championship-winning Stewart-Haas Racing (SHR) team as the primary sponsor of the No. 98 Ford Mustang driven by Chase Briscoe. The current points leader of the NASCAR Xfinity Series, Chase Briscoe will be driving a new Henry Repeating Arms livery around the notoriously difficult 4.048-mile, 14-turn road course that is located just a few hours away from Henry’s manufacturing facility in Rice Lake, WI.
Drivers will have their sights set on a custom Henry 180 Edition Golden Boy .22 lever-action rifle to be awarded to the No. 1 starter, and a Henry 180 Edition Big Boy .44 Magnum lever-action rifle for Saturday’s race winner. Only two of each rifle were made, and fans attending the race will be able to enter a drawing at Henry Repeating Arms’ display trailer where a grand prize and runner-up winner will win the rifles not destined for Victory Lane. Continue reading
