other material
confidence high
sentiment negative
materiality 0.65
American Rebel appoints new auditor GBQ Partners; expects to file 10-Q late via Form 12b-25
AMERICAN REBEL HOLDINGS INC
- Appointed GBQ Partners, LLC as independent registered public accounting firm effective May 14, 2024, approved by audit committee.
- American Rebel expects to file Form 12b-25 to obtain a limited extension for its upcoming 10-Q quarterly report.
- Exchanged $500,000 Revenue Interest Purchase Agreement with Kingdom Building for 133,334 shares of new Series D Convertible Preferred Stock.
- Series D Preferred Stock has $7.50 stated value, converts at $1.50 per share, and is subject to forced conversion if common stock closes at or above $2.25 for 10 consecutive days.
- CEO Andy Ross to present at EF Hutton Annual Global Conference on May 15, 2024.