American Rebel Holdings Secures $500K Funding

TL;DR

AREB just raised $500K via stock/warrant sale, expect more cash burn.

AI Summary

On July 2, 2024, American Rebel Holdings, Inc. entered into a material definitive agreement, specifically a Securities Purchase Agreement, with an accredited investor for the sale of 1,000,000 shares of its common stock at a price of $0.50 per share, totaling $500,000. The company also issued warrants to purchase an additional 1,000,000 shares of common stock at an exercise price of $0.75 per share. This transaction is expected to provide the company with additional working capital.

Why It Matters

This funding infusion provides American Rebel Holdings with crucial working capital, potentially enabling them to advance their business operations and strategic initiatives.

Risk Assessment

Risk Level: medium — The company is issuing stock and warrants, which can dilute existing shareholders and indicates a need for capital, suggesting potential financial pressures.

Key Numbers

• $500,000 — Gross Proceeds (Raised from the sale of common stock and warrants.)
• 1,000,000 — Shares Sold (Number of common stock shares sold in the offering.)
• $0.75 — Warrant Exercise Price (Price at which warrants can be exercised to purchase additional shares.)

Key Players & Entities

• AMERICAN REBEL HOLDINGS, INC. (company) — Registrant
• July 2, 2024 (date) — Date of earliest event reported
• $500,000 (dollar_amount) — Total proceeds from stock sale
• 1,000,000 (dollar_amount) — Number of shares sold
• $0.50 (dollar_amount) — Price per share
• 1,000,000 (dollar_amount) — Number of warrants issued
• $0.75 (dollar_amount) — Warrant exercise price

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value AREB The Nasdaq Stock Mar
• $357,500 — egistrant, and the Registrant) equal to $357,500 for $250,000, less origination and othe
• $250,000 — d the Registrant) equal to $357,500 for $250,000, less origination and other fees of $12
• $12,500 — 000, less origination and other fees of $12,500. ARI agrees to repay this purchased rec
• $17,875 — amount in equal weekly installments of $17,875. Financier has specified customary coll
• $1,312,500 — ovides for a term loan in the amount of $1,312,500 which principal and interest (of $577,5
• $577,500 — 12,500 which principal and interest (of $577,500) is due on January 20, 2025. Commencing
• $67,500 — is required to make weekly payments of $67,500 until the due date. The loan may be pre
• $62,500 — ent fee. An administrative agent fee of $62,500 was paid on the loan. A default interes
• $0.448 — e shares of common stock were priced at $0.448 per share (which price represents the c

Filing Documents

• form8-k.htm (8-K) — 54KB
• ex10-1.htm (EX-10.1) — 356KB
• ex10-2.htm (EX-10.2) — 279KB
• ex10-3.htm (EX-10.3) — 74KB
• ex99-1.htm (EX-99.1) — 81KB
• ex99-2.htm (EX-99.2) — 18KB
• ex10-1_001.jpg (GRAPHIC) — 7KB
• ex10-1_002.jpg (GRAPHIC) — 3KB
• ex99-1_001.jpg (GRAPHIC) — 12KB
• ex99-2_001.jpg (GRAPHIC) — 23KB
• ex99-2_002.jpg (GRAPHIC) — 63KB
• 0001493152-24-027017.txt ( ) — 1349KB
• areb-20240702_def.xml (EX-101.DEF) — 26KB
• areb-20240702_lab.xml (EX-101.LAB) — 36KB
• areb-20240702_pre.xml (EX-101.PRE) — 25KB
• areb-20240702.xsd (EX-101.SCH) — 4KB
• 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: July 11, 2024 By: /s/ Charles A. Ross, Jr. Charles A. Ross, Jr. Chief Executive Officer 5

View Full Filing

View this 8-K filing on SEC EDGAR