Financing ·
American Rebel Holdings entered into multiple agreements to convert debt and preferred equity into common stock
AREBAmerican Rebel Holdings Inc
American Rebel Holdings entered into multiple agreements to convert debt and preferred equity into common stock. Horberg Enterprises exchanged 9,600 Series D Preferred shares for 72 Series E Preferred shares ($72,000 value), which were then converted into 602,491 common shares valued at $0.1191 per share. Agile Capital Funding settled a $787,500 term loan by receiving 1,333,111 common shares valued at $0.1125 per share. Streeterville Capital partitioned $155,000 from a $5,470,000 note and exchanged it for 1,000,000 common shares at $0.155 per share. Additionally, Silverback Capital received 1.5 million common shares totaling approximately $173,800 in payments. The company also released press updates regarding Champion Safe production momentum and American Rebel Light Beer marketing campaigns. American Rebel Holdings operates as a diversified branded products and marketing company focused on patriotic lifestyle brands, including safes and beer.