AXIL Brands, Inc. filings document financial-results releases, governance actions and stockholder voting matters for a consumer products company built around AXIL hearing protection products and Reviv3 hair and skin care products. Form 8-K reports furnish quarterly and fiscal-year operating results and related exhibits under Item 2.02.
Proxy and annual-meeting filings describe director elections, board committee assignments, auditor ratification and other governance matters submitted to stockholders. Material-event filings also record board vacancies and appointments, committee roles and formal voting outcomes.
Axil Brands, Inc. director Manu Ohri acquired 5,000 shares of common stock on a no-cash basis as a grant of restricted stock for non-employee director compensation. These shares vest on January 15, 2027. After the grant, he directly owns 15,001 shares, with an additional 10,000 shares held indirectly through Anarjay Concepts Inc.
Axil Brands, Inc. director Thomas Penna reported receiving a grant of common stock as compensation. On January 15, 2026, Penna acquired 5,000 shares of restricted common stock at a price of $0.00 per share, reflecting a stock-based award rather than a cash purchase. According to the filing, these restricted shares will vest on January 15, 2027, meaning they are subject to a one-year vesting period.
Following this grant, Penna beneficially owns 23,000 shares of Axil Brands common stock in total, held directly. The transaction is reported as non-employee director compensation, highlighting that the company is using equity awards to align director interests with shareholders over time.
Axil Brands, Inc. director reports initial share holdings. On 01/15/2026, director Penna Thomas filed an initial ownership statement showing beneficial ownership of 18,000 shares of Axil Brands common stock, held directly. This filing is a routine disclosure required when an individual becomes a director or otherwise subject to insider reporting rules. The form indicates no derivative securities such as options or warrants and notes that a power of attorney authorizing the attorney-in-fact to sign on the reporting person’s behalf is attached as an exhibit.
Axil Brands, Inc. director Nancy Hundt reported a grant of 5,000 shares of restricted common stock on January 15, 2026. The shares were awarded as non-employee director compensation at a price of $0.00 per share and are scheduled to vest on January 15, 2027. Following this grant, Hundt beneficially owns 17,273 shares of Axil Brands common stock in direct ownership. This filing reflects routine equity compensation for board service rather than an open-market purchase or sale.
AXIL Brands, Inc. reported a Board change. On January 15, 2026, director Peter Dunne resigned from the Board and its committees, effective immediately. The company states his resignation was not due to any disagreement over operations, policies, or practices.
On the same day, the Board appointed Thomas Penna as a Class II director to fill the vacancy, also effective immediately. His term will run until the company’s 2028 annual meeting of stockholders, unless it ends earlier. He was also named to the Audit and Compensation Committees and will chair the Nominating and Corporate Governance Committee.
Penna, 64, brings over 35 years of experience in the professional hair care and salon industries, including serving as Chairman and CEO of Penko Beauty LLC. He will receive the company’s standard annual compensation for non-employee directors, and there are no special arrangements or related-party transactions disclosed in connection with his appointment.
AXIL Brands, Inc. reported that it has released its consolidated financial results for the three months ended November 30, 2025. The company disclosed these results through a press release dated January 8, 2026, which is attached as an exhibit to this report and incorporated by reference.
The press release is being furnished, not filed, which means it is not automatically subject to certain liability provisions of the federal securities laws and will only be incorporated into other filings if specifically referenced.
AXIL Brands, Inc. reported profitable growth for the quarter ended November 30, 2025. Quarterly net sales were $8.1 million, up from $7.7 million a year earlier, generating gross profit of $5.5 million. Net income for the quarter rose to $704,883 compared with $633,706, equal to basic earnings of $0.10 and diluted earnings of $0.09 per share.
For the first six months of fiscal 2026, net sales reached $15.0 million versus $13.6 million in the prior-year period, with net income of $1.0 million compared to $523,901. Basic and diluted earnings per share for the six months were $0.16 and $0.13, respectively.
The balance sheet shows $16.2 million in total assets, including $5.0 million of cash, and total liabilities of $5.2 million, resulting in stockholders’ equity of $11.1 million. AXIL notes customer and geographic concentration, with one customer representing 18% of quarterly sales and about 96% of sales coming from the United States.
AXIL Brands, Inc. reported the voting results of its 2025 Annual Meeting of Stockholders held on December 17, 2025 in Beverly Hills, California. Stockholders voted on the election of two Class II directors and the ratification of the companys independent registered public accounting firm.
For director elections, Peter Dunne received 3,630,883 votes for and 80,144 votes withheld, and Manu Ohri received 3,640,321 votes for and 70,706 votes withheld; each proposal also recorded 992,076 broker non-votes. For the auditor ratification proposal, 4,651,857 votes were cast for, 9,002 against, and 42,244 abstained. These results indicate strong stockholder support for the boards nominees and the selected independent registered public accounting firm.
Axil Brands (AXIL): Schedule 13D/A filed by Jeffrey Brown and BZ Capital updates ownership following a preferred-to-common conversion. On November 3, 2025, BZ Capital converted 900,000 shares of Series A Preferred Stock into 45,000 shares of Common Stock at the stated 20:1 ratio. Mr. Brown now beneficially owns 535,143 shares, or 7.5% of common stock, including 360,000 option shares. BZ Capital is shown with 160,000 shares, or 2.3%, including 15,000 shares issuable upon conversion, subject to a 5% beneficial ownership conversion limit.
Ownership percentages are based on 6,757,717 shares outstanding as of October 22, 2025 plus 45,000 shares issued upon the conversion. On October 28, 2025, BZ Capital purchased 1,200,000 preferred shares (equivalent to 60,000 common on an as-converted basis) for $12,000. The filing states the securities were acquired for investment purposes, with no present plans for actions described in Item 4(a)–(j).
Axil Brands (AXIL) reported an insider transaction on a Form 4. On November 3, 2025, an affiliated entity converted 900,000 shares of Series A Preferred Stock into 45,000 shares of common stock under a 20-for-1 conversion ratio. The conversion is subject to a 5% beneficial ownership cap.
Following the transaction, indirect beneficial ownership stood at 145,000 common shares through BZ Capital Strategies, and direct beneficial ownership was 15,143 common shares. The reporting person is listed as Director and CFO, COO of the issuer.
Derivative holdings include stock options for 110,000 shares at $1.80 expiring on April 20, 2032 (fully exercisable), and options for 250,000 shares at $4.01 expiring on October 14, 2034, vesting in 48 equal monthly installments beginning October 31, 2024.