debt
confidence high
sentiment neutral
materiality 0.55
American Rebel signs $183K promissory note; completes 1-for-20 reverse split
AMERICAN REBEL HOLDINGS INC
- Net proceeds $158,000 after $25,280 OID and $8,000 fees.
- 15 monthly payments totaling $217,645 through Jan 2027.
- Upon default, holder can convert at 25% discount to market price (4.99% beneficial ownership cap).
- 1-for-20 reverse split Oct 3; issued 4,053,452 shares for fractional rounding.
- Series D convertible preferred conversions yielded 55,000 shares of common stock.