American Rebel (AREB) Holdings will effect a reverse stock split of its outstanding shares of common stock, par value $0.001 per share, at a ratio of 1-for-25, to be effective as of 12:00 a.m. Eastern Time on March 31, 2025 as per NASDAQ. The Company’s Common Stock will begin trading on a reverse stock split-adjusted basis at the opening of The Nasdaq Capital Market on Monday, March 31, 2025. Following the reverse stock split, the Common Stock will continue to trade on Nasdaq under the symbol “AREB” with the new CUSIP number, 02919L604. The reverse stock split is intended for the Company to: Enhance Deposit and Marketability: By increasing the share price, a reverse split can make the stock more eligible for trading on certain platforms;Continue to ensure compliance with the minimum bid price requirement of $1.00 per share of common stock for continued listing on Nasdaq.
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