secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REBEL HOLDINGS INC (AREB)
CIK:        0001648087
Form:       8-K
Filed at:   2024-03-22T23:59:59+00:00
Accession:  0001493152-24-011003
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Rebel enters $235,750 loan agreement with 1800 Diagonal Lending; net proceeds $200,000
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- Loan principal $235,750; net proceeds $200,000 after 15% interest ($35,362) and $5,000 fees.
- First payment of $162,667 due June 30, 2024; six subsequent monthly payments of $18,074 each.
- Prepayment allowed within 180 days at 95% of balance (5% discount).
- Upon default, payoff at 150% of balance; conversion at 75% of market price with 4.99% ownership cap.
- Note matures December 30, 2024; no warrants attached.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1648087/000149315224011003/0001493152-24-011003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1648087/000149315224011003/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-011003

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