American Rebel Holdings ( (AREB) ) has shared an announcement.
American Rebel Holdings announced a 1-for-25 reverse stock split of its common stock, effective March 31, 2025, to maintain compliance with Nasdaq’s minimum bid price requirement. This move aims to enhance the stock’s marketability and ensure that shareholders with 100 or more shares are not adversely affected. Concurrently, the company is defending against a lawsuit filed by Bank of America related to a $2 million credit facility, which expired in February 2024, and is working towards a settlement.
More about American Rebel Holdings
American Rebel Holdings, Inc. operates primarily as a designer, manufacturer, and marketer of branded safes and personal security and self-defense products. Recently, the company has expanded into the beverage industry with the introduction of American Rebel Light Beer. Additionally, it designs and produces branded apparel and accessories.
YTD Price Performance: -94.59%
Average Trading Volume: 3,401,315
Technical Sentiment Signal: Strong Buy
Current Market Cap: $267.7K
See more data about AREB stock on TipRanks’ Stock Analysis page.