American Rebel Announces $19.9+ Million Public 8.53% Preferred Offering - Updated
15 Mars 2024 - 3:22PM
American Rebel Holdings, Inc. (NASDAQ: AREB) ("American Rebel" or
the "Company"), is pleased to announce the launch of a Regulation
A+, equity financing of up to
$19,999,995 of 8.53%
Series C Redeemable Convertible Preferred Stock (the “Public
Offering”). This Public Offering is a watershed event for the
Company and allows anyone 18 years or older to log onto the
American Rebel Public Offering website at
https://invest.americanrebel.com/ and with a click of a button
subscribe to the offering. A copy of the Company’s offering
circular for the Public Offering has been posted
at https://www.sec.gov/Archives/edgar/data/1648087/000149315224009903/form253g2.htm. Investors
may also review other securities filings on the Security and
Exchange Commission’s website at
https://www.sec.gov/edgar/browse/?CIK=1648087&owner=exclude.
This offering makes 2.6+ million shares of the
Company’s Series C Redeemable Convertible Preferred Stock, par
value $0.001 per share, which we refer to as the Series C Preferred
Stock, available for purchase at $7.50 per share. The Series C
Preferred Stock pays a $0.16 per share per quarter dividend at an
annual yield of approximately 8.53% and is convertible into five
shares of the Company’s common stock for each share of the Series C
Preferred Stock. In addition, investors will receive perks based on
the size of investment, such as hats, koozies, t-shirts, tank tops,
guitars and VIP experiences to proudly display their participation
as a shareholder of American Rebel.
Digital Offering, LLC, is acting as the sole
lead managing selling agent for the Offering.
In addition to the launch of the Reg A capital
offering, American Rebel is launching America’s Patriotic,
God-Fearing, Constitution-Loving, National Anthem Singing, Stand
Your Ground Beer with a proven beverage development company and
co-packer. For more information on American Rebel Light Beer, go to
americanrebelbeer.com.
Andy Ross, Chief Executive Officer of American
Rebel, commented, “American Rebel is America’s Patriotic brand. Our
greatest asset has long been our relationship with our customers
who purchase our products to proclaim their love for this country
and freedom and making an investment in American Rebel available to
the general public through Regulation A+ expands our relationship
with our patriotic family. Bringing our customers closer while
aligning our interests and providing them another avenue for those
customers to express themselves through stock ownership will serve
to strengthen American Rebel as we position for the future.
American Rebel Beer is the only beer we’re drinking round
here!”
About American Rebel Holdings,
Inc.
American Rebel Holdings, Inc. (NASDAQ: AREB)
operates primarily as a designer, manufacturer and marketer of
branded safes and personal security and self-defense products. The
Company also designs and produces branded apparel and accessories
and is entering the beverage business. To learn more, visit
www.americanrebel.com. For more information on American Rebel Beer,
visit www.americanrebelbeer.com. For investor information, visit
www.americanrebel.com/investor-relations.
The Offering will be made by means of the
Offering Circular. The securities offered by American Rebel are
highly speculative. Investing in shares of American Rebel involves
significant risks. The investment is suitable only for persons who
can afford to lose their entire investment. Furthermore, investors
must understand that such investment could be illiquid for an
indefinite period of time. No public market currently exists for
the securities, and if a public market develops following the
offering, it may not continue. American Rebel intends to list the
Series C Preferred Stock offered under Offering Circular on Nasdaq
Capital Market and doing so entails significant ongoing corporate
obligations including but not limited to disclosure, filing and
notification requirements, as well compliance with applicable
continued quantitative and qualitative listing standards. The
listing of the Company’s Series C Preferred Stock on the Nasdaq
Capital Market is not a condition of the Company’s proceeding with
the Public Offering, and no assurance can be given that our
application to list on Nasdaq Capital Market will be approved or
that an active trading market for our Series C Preferred will
develop. For additional information on American Rebel, the Offering
and any other related topics, please review the Offering Statement
that can be found at:
sec.gov/Archives/edgar/data/1648087/000149315224009322/partiiandiii.htm
Additional information concerning risk factors related to the
Offering, including those related to the business, government
regulations, intellectual property and the offering in general, can
be found in the section titled “Risk Factors” of the Offering
Statement.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB;
AREBW) (the “Company,” "American Rebel,” “we,” “our” or “us”)
desires to take advantage of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 and is including
this cautionary statement in connection with this safe harbor
legislation. The words "forecasts" "believe," "may," "estimate,"
"continue," "anticipate," "intend," "should," "plan," "could,"
"target," "potential," "is likely," "expect" and similar
expressions, as they relate to us, are intended to identify
forward-looking statements. We have based these forward-looking
statements primarily on our current expectations and projections
about future events and financial trends that we believe may affect
our financial condition, results of operations, business strategy,
and financial needs. Important factors that could cause actual
results to differ from those in the forward-looking statements
include actual use of proceeds from the private placement, effects
of the private placement on the trading price of our securities,
implied or perceived benefits resulting from the receipt of funds
from the private placement, our ability to comply with the
covenants, representations and warranties contained in the purchase
agreement with the investor in the private placement, our ability
to effectively execute our business plan, and the Risk Factors
contained within our filings with the SEC, including our Annual
Report on Form 10-K for the year ended December 31, 2022. Any
forward-looking statement made by us herein speaks only as of the
date on which it is made. Factors or events that could cause our
actual results to differ may emerge from time to time, and it is
not possible for us to predict all of them. We undertake no
obligation to publicly update any forward-looking statements,
whether as a result of new information, future developments or
otherwise, except as may be required by law.
Company Contact:info@americanrebel.com
Investor Relations:Brian M. Prenoveau, CFAMZ
Group – MZ North AmericaAREB@mzgroup.us+561 489 5315
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