secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAN REBEL HOLDINGS INC (AREB)
CIK:        0001648087
Form:       8-K
Filed at:   2026-03-17T23:59:59+00:00
Accession:  0001493152-26-010361
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Rebel raises $100K net via 1800 Diagonal note; sells $525K Series D Preferred
--------------------------------------------------------------------------------

- Loan of $124,200 from 1800 Diagonal Lending; OID $16,200 and fees $8,000 reduce net proceeds to $100,000.
- Note requires 15 monthly payments totaling $147,487; default triggers 150% payoff plus 22% default interest.
- Upon default, lender may convert unpaid amount into common stock at 75% of market price; conversion capped at 4.99% beneficial ownership.
- Company sold 70,000 shares of Series D Convertible Preferred at $7.50/share for total $525,000 cash.
- Preferred shares convertible into 350,000 common shares; registration rights granted for those underlying shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1648087/000149315226010361/0001493152-26-010361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1648087/000149315226010361/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-010361

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer