secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REBEL HOLDINGS INC (AREB)
CIK:        0001648087
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001493152-24-011534
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Rebel enters $100K revenue interest purchase agreement with investor Peter Wagner
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- Company sold a revenue interest for $100,000 to accredited investor Peter Wagner.
- Company to pay $10,000 per month from operating subsidiary revenue starting June 1, 2024.
- Call option to repurchase at $140,000 before May 31 or $154,000 after June 1; put option on Reg A proceeds.
- Repurchase price reduced by prior payments; 25% penalty on default.
- Agreement is structured as a security, not a debt instrument, with customary representations and covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1648087/000149315224011534/0001493152-24-011534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1648087/000149315224011534/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-011534

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