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Mace Security International, Inc. - MACE STOCK NEWS

Welcome to our dedicated news page for Mace Security International (Ticker: MACE), a resource for investors and traders seeking the latest updates and insights on Mace Security International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mace Security International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mace Security International's position in the market.

News
CORRECTION BY SOURCE: Mace(R) Security International, a Global Leader in Personal Self-Defense Sprays, Announces Virtual Investor Day April 30, 2024
Rhea-AI Summary
Mace Security International expands its Q&A process with a virtual Investor Day on April 30, 2024, focusing on growth strategy and financial outlook. Sanjay Singh and Kunal Mehta will present strategic initiatives and growth drivers.
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Mace(R) Security International, a Global Leader in Personal Self-Defense Sprays, Announces Virtual Investor Day April 30, 2024
Rhea-AI Summary
Mace® Security International announces a virtual Investor Day on April 30, 2024, to discuss growth strategy, new ventures, and financial outlook. Sanjay Singh and Kunal Mehta will present strategic initiatives and growth drivers.
Rhea-AI Impact
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-10%
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Mace(R) Security International, a Global Leader in Personal Self-Defense Sprays, Announces 4Q23 Financial Results
Rhea-AI Summary
Mace Security International (MACE) reported fourth-quarter 2023 net sales of $1,683,000, down 21% from the previous year due to a slowdown in retail impulse purchases. Gross profit rate decreased to 22%, leading to a loss of ($533,000) in adjusted EBITDA. The company raised $300,000 in Q1, 2024 to fund new sales initiatives. Year-to-date 2023 net sales declined by 25% compared to 2022, with a net loss of $4,431,000. Mace will host a virtual Investor Day to discuss its growth strategy and financial outlook.
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earnings
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Mace(R) Security International, a Global Leader in Personal Self-Defense Sprays, Announces Additional Unsecured Subordinated Funding
Rhea-AI Summary
Mace Security International secures a $150,000 unsecured loan from a Board member to fund legal fees and new initiatives, including the Mace-Salt pepper ball launcher.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
39.43%
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Mace(R) Brand and U.S. LawShield(R) Announce Signing an Evergreen Contract to Train up to 26,000 Individuals Employed by a Nationwide Service Company
Rhea-AI Summary
Mace Security International, Inc. (MACE) signs a lucrative contract to provide training and products to a nationwide service company, expecting $300,000 in revenues. The partnership with U.S. LawShield aims to offer self-defense training to 26,000 employees, covering various topics.
Rhea-AI Impact
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End-of-Day
1.52%
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Mace(R) Security International, a Global Leader in Personal Self-Defense Sprays, Announces Additional Convertible Note Funding
Rhea-AI Summary
Mace Security International closes a non-brokered private placement of a convertible note, providing additional funding to reduce inventory levels and improve borrowing availability.
Rhea-AI Impact
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End-of-Day
-2.86%
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News
Mace Announces Director Resignation
Rhea-AI Summary
Mace Security International, Inc. announced the resignation of Margaret D. Jordan from its Board of Directors due to time commitments and compensation concerns. CEO Sanjay Singh expressed appreciation for her service.
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Mace Security International, Inc. Enters the Pepper Launcher Market
Rhea-AI Summary
Mace Security International, Inc. has entered into a Supply & License Agreement with Salt Supply, LLC for a range of .68 caliber products, including the new s2 Pepper Launcher. The partnership will offer a high-velocity 5-shot magazine launcher and an ultra-potent Mace Brand pepper plus tear gas projectile, targeting private security agencies, specialty retailers, gun owners, and e-commerce consumers. The products will be unveiled at SHOT Show 2024 in Las Vegas.
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Mace(R) Security International, Inc. Appoints Kunal Mehta As Its New Head of Digital Marketing
Rhea-AI Summary
Mace Security International, Inc. appoints Kunal Mehta as Head of Digital Marketing to drive direct-to-consumer growth strategies. Mr. Mehta's background in revenue growth and digital optimization makes him a suitable candidate for the role. The company has seen a 43% revenue growth on its Amazon platform in December 2023 compared to the prior month and is making changes in its marketing agency effective February 1, 2024. Mr. Mehta's previous executive roles include CEO of Punchey, Inc. and leadership positions at Hell's Creative and Montana Advisors, LTD.
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Mace(R) Security International, Inc. Enters into Exclusivity Agreement to Jointly Develop GPS-Enabled Smart Pepper Spray Device
Rhea-AI Summary
Mace Security International, Inc. (MACE) has entered into a preliminary exclusivity agreement with Triple4s Safety, LLC to jointly develop a smart pepper spray device that is GPS and Bluetooth enabled and sends out the user's current location to emergency contacts when deployed. The device will have a replaceable canister, a glass breaker, a quick-release keychain, and a practice water canister. The formal agreement is expected to be finalized by March 29, 2024. The product will be showcased at CES-2024 and SHOT Show Las Vegas 2024.
Rhea-AI Impact
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End-of-Day
-2.5%
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Mace Security International, Inc.

OTC:MACE

MACE Rankings

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MACE Stock Data

2.93M
60.37M
8.14%
0.32%
Electromedical and Electrotherapeutic Apparatus Manufacturing
Manufacturing
Link
United States
Cleveland

About MACE

mace security international, inc. (nasdaq: mace) is a public company trading on the nasdaq national market system under the symbol mace. mace® is known around the world as the original manufacturer of pepper sprays. trusted since 1970, our pepper spray is manufactured in the usa in our mid-west based headquarters. whether you want to protect yourself by carrying pepper spray or secure your home or business with cctv video surveillance, at mace.com you can buy everything security. from pepper sprays and animal repellants to surveillance cameras, security dvrs and cctv equipment, mace® has it all! when you buy directly from us, you know you are getting an original mace® quality product and the service that you have come to recognize with our brand name.