secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAN REBEL HOLDINGS INC (AREB)
CIK:        0001648087
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001493152-24-000331
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Rebel borrows $500K via secured loan at 22% interest; CEO provides personal guaranty
--------------------------------------------------------------------------------

- Received $490,000 net from $500,000 Secured Loan with Alt Banq Inc.; 52 weekly payments of $11,731 total $610,000.
- Principal bears interest at 22% per annum; loan secured by all assets, second to prior line of credit.
- CEO Charles A. Ross, Jr. issued a personal guaranty for the full amount of the loan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1648087/000149315224000331/0001493152-24-000331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1648087/000149315224000331/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-000331

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer