other_material
confidence high
sentiment neutral
materiality 0.75
American Rebel Holdings enters $14.1M building purchase, $2M note purchase, creates Series E Preferred
AMERICAN REBEL HOLDINGS INC
- Purchase of 20,829 sq ft Nashville building for $14.1M; $2.1M in stock/warrants at $1.25/share, $300k cash, $11.7M promissory note at 6%.
- Acquired $2M of Damon Inc. secured note from Streeterville Capital in exchange for 2,000 shares of Series E Preferred Stock.
- Series E Preferred Stock has 10% annual return, no conversion, liquidation preference, and extensive covenants restricting the Company.
- Issued 25,000 Series D Convertible Preferred shares to strategic advisor for services through June 2027.
- Building sale closing expected by August 1, 2026, subject to due diligence and conditions.
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