secwatch / observer
8-K filed April 3, 2024, 7:59 PM ET ticker AREB CIK 0001648087
debt confidence high sentiment negative materiality 0.65

AMERICAN REBEL HOLDINGS INC (AREB): debt financing — AREB secures $1.3M secured loan at 22.8% and sells $100K revenue interest with monthly payouts

AMERICAN REBEL HOLDINGS INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.98

AMERICAN REBEL HOLDINGS INC incurred loan of $1,300,000 with accredited investor lending source at 22.8% maturing 64 weekly payments of $26,000 each.

Instrument
loan
Principal
$1,300,000
Counterparty
accredited investor lending source
Rate
22.8%
Maturity
64 weekly payments of $26,000 each
Event
incurrence
Exact text from the filing
On March 27, 2024, the Registrant entered into a $1,300,000 Business Loan and Security Agreement (the "Secured Loan") with an accredited investor lending source (the "Lender").
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AMERICAN REBEL HOLDINGS INC entered into Revenue Interest Purchase Agreement with an individual accredited investor valued at $100,000 (effective 2024-04-01).

Action
entry
Counterparty
an individual accredited investor
Value
$100,000
Effective
2024-04-01
Exact text from the filing
On April 1, 2024, the Registrant entered into a Revenue Interest Purchase Agreement (the “ Revenue Interest Purchase Agreement ”) with an individual accredited investor, pursuant to which the investor purchased a revenue interest from the Registrant for $100,000.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

AMERICAN REBEL HOLDINGS INC entered into Secured Loan with an accredited investor lending source valued at $1,300,000 Business Loan and Security Agreement (effective 2024-03-27).

Action
entry
Agreement
credit facility
Counterparty
an accredited investor lending source
Value
$1,300,000 Business Loan and Security Agreement
Effective
2024-03-27
Exact text from the filing
On March 27, 2024, the Registrant entered into a $1,300,000 Business Loan and Security Agreement (the “Secured Loan”) with an accredited investor lending source (the “Lender”).
View on SEC.gov

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AMERICAN REBEL HOLDINGS INC filing history →

Source: SEC EDGAR
accession 0001493152-24-013036
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