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American Rebel Holdings ( (AREB) ) just unveiled an update.
American Rebel Holdings has entered into a Settlement Agreement with Silverback Capital Corporation to settle outstanding claims, involving a notable exchange of payables for shares. This settlement, approved by a Florida court, aims to stabilize financial obligations and maintain shareholder structure, potentially impacting the company’s market stability. Furthermore, American Rebel Holdings issued two promissory notes with accredited investors, enhancing its capital structure by offering convertible preferred stock, which may influence its financial flexibility and investor relations.
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. The company has recently expanded into the beverage industry with the introduction of American Rebel Beer. Additionally, it designs and produces branded apparel and accessories.
YTD Price Performance: 16.39%
Average Trading Volume: 845,311
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.31M
For detailed information about AREB stock, go to TipRanks’ Stock Analysis page.
