AMERICAN REBEL HOLDINGS INC (AREB): Nasdaq/NYSE listing notice — American Rebel receives Nasdaq extension to June 26, 2023 to meet $1 bid price rule

AMERICAN REBEL HOLDINGS INC

Nasdaq grants AREB additional 180 days, until June 26, 2023, to regain compliance with the $1 minimum bid price rule.
Company previously failed Bid Price Requirement; closing bid below $1 for 33 consecutive business days as of June 28, 2022.
Eligibility based on meeting other initial listing standards and written intent to cure via reverse stock split if needed.
If closing bid price is at least $1 for 10 consecutive business days during extension, Nasdaq will confirm compliance.
Failure to comply by June 26, 2023 will result in delisting notice, with right to appeal.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

AMERICAN REBEL HOLDINGS INC received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

December 28, 2022, the Registrant received notice from Nasdaq indicating that, while the Registrant has not regained compliance with the Bid Price Requirement, Nasdaq has determined that the Registrant is eligible for an additional 180-day period, or until June 26, 2023, to regain compliance. According to the notification from Nasdaq, the staff’s determination was based on (i) the Registrant meeting the continued listing requirement for market value of its publicly held shares and all other applicable Nasdaq initial listing standards, with the exception of the minimum bid price requirement, an

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Source: SEC EDGAR

accession 0001493152-22-036660

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