Most notably, it’s a automatic OTF—or out-the-front—knife, meaning it deploys with just the slide of a button. The Shootout is also double-action, so it retracts using the same button.

Many styles of EDC knives, including OTFs (short for out-the-front), are banned outright. Some brands, however, have found legal loopholes, skirting the regulations through clever design to produce ...