Well, that is what it states at one of the sites I found, looks like the Plinius place.
It has no further info what that means. Is it for 2 ch peak? Into what load?
Not hard to find the amps at 300 watts they also claim that would be 8.6A for a continuous power of 300 watts into 4 ohms. For that, it would need 34.6V RMS. Peak volt would be 49V, right? That into 4 ohms would be 12.24A peak and that in turn would be 600watts peak and is still a far cry from 40A peaks.
So, I have no idea where that 40A is coming from and under what conditions, 2ch? 1ch? at clipping? 10%? Into what load?
If that were the case, that would be 1600 watts into a 1 Ohm load

AND 6400 watts into a 4 Ohm load. You think that is what that amp is capable of?