$AREB·8-K

AMERICAN REBEL HOLDINGS INC · May 8, 5:28 PM ET

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AMERICAN REBEL HOLDINGS INC 8-K

Research Summary

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Updated

AMERICAN REBEL HOLDINGS INC Converts Preferred Stock and Notes into Common Stock

What Happened

  • AMERICAN REBEL HOLDINGS INC (AREB) announced that it entered into a series of Exchange Agreements with Streeterville Capital converting Series E preferred shares and partitioned portions of a secured promissory note into common stock between April 30 and May 6, 2026. Across these transactions the company issued a total of 5,976,344 common shares to Streeterville.
  • The company also caused $500,000 to be released from a Deposit Account Control Agreement (DACA) — $250,000 on April 30, 2026 and $250,000 on May 5, 2026 — funds originally held from the June 26, 2025 note closing.

Key Details

  • Series E preferred conversions: four exchange events converting preferred into a total of 2,923,408 common shares, representing $944,500 of preferred value (individual conversions ranged from $171,000 to $323,500).
  • Note partition and exchanges: partitioned $822,000 of a previously issued secured promissory note (original principal $5,470,000) and exchanged those partitions for 3,052,936 common shares; the outstanding principal on the original note was reduced by $822,000 (to $4,648,000).
  • Total common shares issued to Streeterville across all exchanges: 5,976,344 shares.
  • Funds released from DACA to the company totaled $500,000 (two $250,000 releases).

Why It Matters

  • These transactions materially change AREB’s capitalization: nearly 6.0 million new common shares were issued to a single counterparty, which increases the company’s outstanding common stock and can affect existing shareholders’ ownership percentages.
  • The exchanges converted a portion of debt and preferred equity into common stock, reducing the recorded principal on the secured promissory note by $822,000 and converting preferred obligations totaling $944,500 into equity.
  • The company also accessed $500,000 previously held under the DACA, providing near-term cash available to the business. Investors should note the effects on share count and reduced debt balances when assessing capital structure and per-share metrics.

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