American Rebel to effect 1-for-25 reverse stock split on March 31 to regain Nasdaq compliance; BofA lawsuit filed

AMERICAN REBEL HOLDINGS INC

Reverse stock split ratio of 1-for-25 effective 12:00 a.m. ET March 31, 2025; trading begins same day under AREB.
Bank of America filed a lawsuit on March 21, 2025, in Utah County District Court for breach of $2M credit facility and other claims.
Company will defend lawsuit while working on settlement; facility expired Feb 2024 and notice of default was issued July 2024.
Multiple note conversions and settlement issuances from March 19-26, 2025 resulted in issuance of over 3.6M shares.
Beer launch event with Tramonte Distributing in Ohio recorded 11% market penetration in first few weeks.

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