American Rebel resolves Bank of America default, restructures ~$7.9M in debt, eliminates foreclosure risk

AMERICAN REBEL HOLDINGS INC

Received Bank of America Satisfaction of Judgment on Sept. 25, 2025; fully repaid line of credit, closed litigation.
Foreclosure risk eliminated for Champion Safe Co. and subsidiaries; previously encumbered assets released.
Consolidated debt under restructured Streeterville facility: ~$6.58M convertible note due 2027, $1.3M convertible note due 2032; all interest prepaid.
Issued 175,000 shares each to CEO Charles A. Ross Jr. and President Corey Lambrecht upon conversion of Series A Preferred.
Acquired $2M interest in Damon Inc. secured promissory note in exchange for Series E Preferred Stock.

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