American Rebel Holdings Files 8-K on Financial Obligations
Ticker: AREBW · Form: 8-K · Filed: Oct 8, 2024 · CIK: 1648087
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, equity-sale
Related Tickers: AREB
TL;DR
Rebel Holdings just filed an 8-K on a new financial obligation and equity sales. Watch closely.
AI Summary
On October 1, 2024, American Rebel Holdings, Inc. entered into a material definitive agreement related to the creation of a direct financial obligation. The company also reported on unregistered sales of equity securities and filed financial statements and exhibits. The filing details the company's fiscal year end as December 31st and its incorporation in Nevada.
Why It Matters
This 8-K filing indicates potential new debt or financial commitments for American Rebel Holdings, which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and financial obligations, which inherently carry financial risk for the company and its investors.
Key Players & Entities
- AMERICAN REBEL HOLDINGS, INC. (company) — Registrant
- October 1, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 47-3892903 (identifier) — IRS Number
- 001-41267 (identifier) — SEC File Number
FAQ
What type of material definitive agreement was entered into by American Rebel Holdings, Inc. on October 1, 2024?
The filing indicates the agreement relates to the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.
What other significant events are reported in this 8-K filing?
The filing also reports on the creation of a direct financial obligation, unregistered sales of equity securities, and includes financial statements and exhibits.
When is American Rebel Holdings, Inc.'s fiscal year end?
American Rebel Holdings, Inc.'s fiscal year end is December 31.
In which state is American Rebel Holdings, Inc. incorporated?
American Rebel Holdings, Inc. is incorporated in Nevada.
What is the SEC file number for American Rebel Holdings, Inc.?
The SEC file number for American Rebel Holdings, Inc. is 001-41267.
Filing Stats: 989 words · 4 min read · ~3 pages · Grade level 11.1 · Accepted 2024-10-08 16:05:17
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value AREB The Nasdaq Stock Mar
- $122,960 — missory note in the principal amount of $122,960 (the "Note"). An original issue discoun
- $16,960 — "Note"). An original issue discount of $16,960 and fees of $6,000 were applied on the
- $6,000 — l issue discount of $16,960 and fees of $6,000 were applied on the issuance date, resu
- $100,000 — in net loan proceeds to the Company of $100,000. Accrued, unpaid interest and outstandi
- $15,574 — required to be paid in nine payments of $15,574.89, with the first payment due on Octob
- $140,174 — after (a total payback to the Lender of $140,174). Upon the occurrence and during the
- $7.50 — Convertible Preferred stock, valued at $7.50 per share, to a lender pursuant to the
- $236,250 — re for total proceeds to the Company of $236,250, to two accredited investors. 2 The
Filing Documents
- form8-k.htm (8-K) — 44KB
- ex10-1.htm (EX-10.1) — 89KB
- ex10-2.htm (EX-10.2) — 72KB
- ex10-2_001.jpg (GRAPHIC) — 3KB
- ex10-1_001.jpg (GRAPHIC) — 4KB
- 0001493152-24-040434.txt ( ) — 471KB
- areb-20241001.xsd (EX-101.SCH) — 4KB
- areb-20241001_def.xml (EX-101.DEF) — 29KB
- areb-20241001_lab.xml (EX-101.LAB) — 36KB
- areb-20241001_pre.xml (EX-101.PRE) — 26KB
- 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: October 8, 2024 By: /s/ Charles A. Ross, Jr. Charles A. Ross, Jr. Chief Executive Officer 4