secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REBEL HOLDINGS INC (AREB)
CIK:        0001648087
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001493152-24-015722
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 2.03, 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Rebel enters $500k revenue interest deal; Nasdaq extends bid price compliance to Oct 2024
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- Entered $500k revenue interest purchase agreement; investor receives $50k/month, repurchase options at $770k (before June 1) or $700k (after).
- Nasdaq grants additional 180-day period until Oct 21, 2024 to regain $1.00 minimum bid price compliance.
- Distribution agreements signed with Standard Beverage (Kansas) and Best Brands (Tennessee) for American Rebel Light Beer.
- If bid price not cured by Oct 21, Nasdaq will delist common stock; company may appeal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1648087/000149315224015722/0001493152-24-015722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1648087/000149315224015722/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-015722

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