AREB · United States
Cash Position
The company has -2.9 months of cash left based on the quarterly cash burn of $1.849 M and estimated current cash of $-1.803 M
Commentary on Financial Condition
The company is facing significant financial challenges, with a working capital deficit of $4,776,970 as of September 30, 2024, and an accumulated deficit of $53,991,446. It has been relying heavily on debt financing, including high-interest loans and revenue interest agreements, to fund operations and new product launches, such as American Rebel Beer. The company anticipates needing additional funds through equity or debt offerings to meet future liquidity requirements, which may dilute existing stockholders' interests., Filed At: 2025-02-07
Former Symbols
No former symbols for AREB
Nasdaq Compliance
American Rebel Holdings, Inc. received a Notification Letter from Nasdaq on February 21, 2025, regarding non-compliance with the stockholders' equity requirement, with a deadline to submit a Compliance Plan by April 7, 2025. The company is actively working to address this issue, while also planning a reverse stock split effective March 31, 2025, to meet Nasdaq's minimum bid price requirement. Filed At: 2025-03-27.
Previous Splits
Disclaimer: Data was sourced from filings using AI and may occasionally contain errors. Data is split adjusted
In the money
potentially in play
out of play
Pending Offering
REG A OFFERING
The selling shareholders exercised existing warrants to purchase 2,988,687 shares of common stock at an exercise price of $1.10 per share and were issued two new common stock purchase warrants to purchase up to 5,977,374 shares of common stock.
-
1-A
Warrants
November 2024 - - Common Stock Purchase Warrant
$87.50
$0.00
Alumni Capital LP
October 2024 - - Pre-Funded Warrants - Exchanged for amount owed under revenue interest purchase agreement
$0.25
$2.74
Individual accredited investor
September 2023 - Warrants
$247.50
$0.00
Armistice
June 2023 - Warrants
$954.00
$0.00
Armistice
July 2022 - Pre-Funded Warrants
$56.25
$25.00
Armistice
July 2022 - Warrants
$983.25
$0.00
Armistice
February 2022 - Warrants
$11,306.25
$0.00
Cavalry
February 2022 - Warrants
$11,306.25
$0.00
Armistice, Boothbay, Empery, Hudson Bay, Shay, Verition, Warberg
Convertibles
January 2025 - 2nd Convertible Note
$187.50
Silverback Capital
At any time after the issuance date of the Notes the Lenders may convert the outstanding unpaid principal amount of the Notes into restricted shares of Series D Convertible Preferred Stock of the Company at 7.50 per share or upon the sale of common stock below $1.50 per share
January 2025 - Convertible Note
$43.25
At any time after the issuance date of the Note the Lender may convert the outstanding unpaid principal amount of the Note into restricted shares of common stock of the Company at the lesser of (i) 1.73 per share or (ii) the average of the three (3) lowest VWAP’s in the preceding five (5) day trading period to the conversion date.
November 2024 - - OID Note - Convertible 5/13/25 - At any time after 180 days from the issuance date of the Note, the Lender may convert the outstanding unpaid principal amount of the Note into restricted shares of common stock of the Company at the lesser of (i) $2.94 per share, or (ii) the average of the three (3) lowest VWAP’s in the preceding five (5) day trading period to the conversion date. The Lender agreed to limit the amount of stock received to less than 4.99% of the total outstanding common stock.
$73.50
An accredited investor
After 180 days from the Note's issuance, the Lender can convert the unpaid principal into restricted common stock at the lower of $2.94 per share or the average of the three lowest VWAPs in the five days before conversion. The Lender will receive less than 4.99% of the total outstanding common stock.
October 2024 - Series D Convertible Preferred Stock - The conversion price ($1.50) shall not be adjusted for stock splits, stock dividends, recapitalizations or similar events.
$37.50
Two accredited investors
The conversion price of $1.50 won't change for stock splits, stock dividends, recapitalizations, or similar events. ***On February 10, 2025, the Company authorized the issuance of 441,670 shares of common stock to an accredited investor upon the conversion of 88,334 shares of Series D Convertible Preferred Stock.
May 2024 - Series D Convertible Preferred (converted by Kingdom Building into 248k shares at $4.03 on 7/10/24)
$100.75
Kingdom Building
January 2024 - Series A Convertible Preferred
$50.00
Insiders
Vests from 2024-2028
ATM
Shelf
Equity Line
Completed Offerings
DEBT OFFERING, UNREGISTERED SHARE ISSUANCE
-
8-K
REGISTERED OFFERING
$23,343.75
424B4
Tokens
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