secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN REBEL HOLDINGS INC (AREB)
CIK:        0001648087
Form:       8-K
Filed at:   2025-07-03T23:59:59+00:00
Accession:  0001641172-25-017867
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 2.03, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Rebel issues $5.47M secured note to Streeterville Capital with 10% interest, 24-month maturity
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- Principal $5,470,000 with $450K OID; net proceeds ~$5M after fees; 10% annual interest; due in 24 months.
- Forbearance with Bank of America extended to July 31, 2025 after $100K payment on June 30.
- Note secured by DACA on ARH Sub's Lakeside Bank account, guaranty, and pledge of membership interests.
- Restrictive covenants limit new debt and equity issuances with >25% discount to market price.
- Lender may reinvest up to $5M additional on same terms with Company's consent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1648087/000164117225017867/0001641172-25-017867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1648087/000164117225017867/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-017867

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