Announcement • May 02
Mace Security International, Inc. Announces the Launch of Nonlethal Firearm - S2 Salt + Mace Brand Pepper Launcher Mace Security International announced the release of its latest product, the s2 Salt + Mace Brand Pepper Launcher. It is currently available for sale on Mace.com. This .68 caliber pepper launcher is set to revolutionize the non-lethal firearms industry with its exceptional features and capabilities. The s2 Pepper Launcher is a result of Mace's collaboration with Salt Supply LLC, and it offers stopping power, range, build, and ease of use. This product provides unparalleled level of protection to those who are reluctant to utilize a firearm as well as providing firearm owners with an option to first use non-lethal force before resorting to their firearm. Notwithstanding its superior features, the retail price of $299.95 is significantly below that of competing products. The s2 Pepper Launcher are fueled by Mace Brand pepper projectiles that produce a cloud of irritant upon striking the target and breaking on impact. The launcher boasts over 350fps muzzle velocity and is the most durable and accurate launcher on the market. Moreover, the s2 Pepper Launcher has the highest and most consistent muzzle velocity under cold weather conditions. The s2 Pepper Launcher kit includes inert rounds under the "Salt" label, which are designed to mimic the cloud produced by "Mace Live Pepper Rounds." These round are primarily used by individuals during training to see the dispersion of the chemical irritant cloud.ace will also offer "Salt Kinetic" rounds, which is a self-defense and glass-breaking round. This round has proven to be very popular with both the private security and civilian markets, due to its ability to break a car window and use pain compliance to stop an attacker. Another beneficial feature of the s2 Pepper Launcher is that it is legal in all 50 states, and there are no background checks, licenses, or permits required to carry it. This convenience makes it an ideal tool for individuals traveling across state lines, as they will not have to worry about the legality of carrying it. Announcement • Apr 02
Mace Security International, Inc. Reports Impairment Charge for the Fourth Quarter Ended December 31, 2023 Mace Security International, Inc. reported impairment charge for the fourth quarter ended December 31, 2023. For the quarter, the company determined the fair value of its property and equipment to be $54,000, resulting in a $250,000 impairment of property and equipment. Intangible assets were impaired $965,000, and goodwill was impaired $292,000, for a total asset impairment charge of $1,507,000 in the fourth quarter of 2023. Announcement • Feb 21
Mace Security International, Inc. Announces the Resignation of Margaret D. Jordan from Board of Directors Mace Security International, Inc. announced that Margaret D. Jordan resigned from its Board of Directors, effective February 19, 2024. Ms. Jordan reported that the responsibilities and time commitment required as a Director exceeded what had been presented when she joined the Board as well as exceeding the time she was able to provide relative to the Director compensation available from the Company. Ms. Jordan also expressed a lack of confidence in the Company's executive and Board leadership. Ms. Jordan served on Mace's Board since October 2022 and served on the Board's Cybersecurity and Governance/Nominating Committees.