secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REBEL HOLDINGS INC (AREB)
CIK:        0001648087
Form:       8-K
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0001493152-23-045978
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AREB enters $500K revenue interest financing; monthly $75K payments to KBI starting April 2024
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- KBI purchased a revenue interest in AREB's Champion Entities for $500,000 (net $495,000 after expenses).
- Starting April 1, 2024, AREB pays $75,000/month to KBI from Champion revenue until repurchased.
- AREB has a call option to repurchase for $625K (if before Mar 31, 2024) or $687.5K (after Apr 1) minus payments made.
- AREB cannot raise additional debt or debt-like securities without KBI's consent, except Regulation A offering.
- The agreement is structured as a security, not a debt instrument, with customary representations and warranties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1648087/000149315223045978/0001493152-23-045978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1648087/000149315223045978/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-045978

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