American Rebel Holdings Enters Loan Agreement
Ticker: AREBW · Form: 8-K · Filed: Mar 27, 2024 · CIK: 1648087
| Field | Detail |
|---|---|
| Company | American Rebel Holdings INC (AREBW) |
| Form Type | 8-K |
| Filed Date | Mar 27, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $100,000, $10,000, $140,000, $154,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing, material-agreement
Related Tickers: AREB
TL;DR
Rebel Holdings just signed a new loan agreement, potentially boosting cash flow.
AI Summary
On March 22, 2024, American Rebel Holdings, Inc. entered into a material definitive agreement, specifically a loan agreement with an unnamed lender. This agreement creates a direct financial obligation for the company, the terms of which are detailed within the filing.
Why It Matters
This filing indicates American Rebel Holdings has secured new financing, which could impact its operational capacity and financial structure.
Risk Assessment
Risk Level: medium — Entering into new debt obligations carries inherent financial risks that could affect the company's future performance.
Key Players & Entities
- AMERICAN REBEL HOLDINGS, INC. (company) — Registrant
- March 22, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
FAQ
What is the specific nature of the material definitive agreement entered into by American Rebel Holdings, Inc. on March 22, 2024?
The filing indicates the agreement is a loan agreement, creating a direct financial obligation for the registrant.
Who is the lender in the loan agreement with American Rebel Holdings, Inc.?
The specific name of the lender is not disclosed in the provided excerpt of the filing.
What is the principal amount of the loan agreement?
The principal amount of the loan is not specified in the provided excerpt.
What are the key terms and conditions of the loan agreement, including interest rate and repayment schedule?
The specific terms and conditions of the loan agreement are not detailed in the provided excerpt, but it is identified as a direct financial obligation.
Does this loan agreement represent a significant change in American Rebel Holdings, Inc.'s financial obligations?
As a material definitive agreement creating a direct financial obligation, it is likely to represent a significant change in the company's financial structure.
Filing Stats: 740 words · 3 min read · ~2 pages · Grade level 12.9 · Accepted 2024-03-27 17:00:49
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value AREB The Nasdaq Stock Mar
- $100,000 — evenue interest from the Registrant for $100,000. As consideration for such payment, c
- $10,000 — nt, the investor has a right to receive $10,000 per month from the Registrant generated
- $140,000 — tion or the Put Option is exercised (i) $140,000 if repurchased on or before May 31, 202
- $154,000 — sed on or before May 31, 2024; and (ii) $154,000 after June 1, 2024; in each case of (i)
Filing Documents
- form8-k.htm (8-K) — 44KB
- ex10-1.htm (EX-10.1) — 80KB
- 0001493152-24-011534.txt ( ) — 352KB
- areb-20240322.xsd (EX-101.SCH) — 4KB
- areb-20240322_def.xml (EX-101.DEF) — 26KB
- areb-20240322_lab.xml (EX-101.LAB) — 36KB
- areb-20240322_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN REBEL HOLDINGS, INC. Date: March 27, 2024 By: /s/ Charles A. Ross, Jr. Charles A. Ross, Jr. Chief Executive Officer 3