Financing ·
American Rebel Holdings issues shares to settle $787,500 Agile debt and partitions Streeterville notes
AREBAmerican Rebel Holdings Inc
American Rebel Holdings issued approximately 2.7 million shares of common stock to resolve outstanding obligations with multiple lenders. The company exchanged a $787,500 term loan from Agile Capital Funding for 1,069,710 shares valued at $0.1725 per share. Additionally, the company partitioned and converted portions of its Streeterville Capital promissory notes into 1,652,254 shares at prices ranging from $0.155 to $0.2683 per share. Other issuances included stock for executive compensation and payments to Silverback Capital Corporation. The company operates in the safe manufacturing and distribution industry.