Outdoor Holding Co 8-K

What Happened

• Outdoor Holding Company (and its subsidiary Outdoors Online, d/b/a GunBroker.com) entered into a Settlement Agreement with Innovative Computer Professionals, Inc. (d/b/a Digital Cash Processing or “DCP”) to resolve previously disclosed litigation in the U.S. District Court for the District of Minnesota.
• Under the agreement dated February 20, 2026, the Company agreed to pay DCP $4.4 million on or before February 27, 2026. Upon payment, the parties will file a joint stipulation to dismiss the DCP litigation with prejudice. The Company issued a press release about the settlement (attached as Exhibit 99.1 to the 8-K).

Key Details

• Parties: Outdoor Holding Company and Outdoors Online (GunBroker.com) vs. Innovative Computer Professionals, Inc. (Digital Cash Processing).
• Settlement amount: $4.4 million, payable on or before February 27, 2026.
• Result: Joint dismissal with prejudice upon payment; mutual releases between the named parties and their affiliates (does not release unaffiliated third parties or contractors).
• Company stance: Outdoor Holding and Outdoors Online deny all allegations and the settlement is expressly a compromise that is not an admission of liability.

Why It Matters

• Cash impact: The $4.4M payment is a near-term cash outflow the company must make by Feb 27, 2026, which could affect available cash or short-term liquidity.
• Legal risk removed: The settlement resolves the specified dispute and eliminates the uncertainty and cost of continued litigation between these parties, subject to the mutual releases.
• No admission: The agreement does not constitute an admission of liability, which may be relevant to investors assessing reputational or ongoing legal risk.

For more detail, see the company’s press release attached as Exhibit 99.1 to the 8‑K filing.