American Rebel Holdings, Inc. develops and markets patriotic lifestyle products across safes, personal security solutions, branded apparel, accessories, and American Rebel Light Beer. News about AREB commonly centers on beer distribution and venue placements, motorsports and event sponsorships, dealer activity for Champion Safe products, and updates from the company's beverage and safe-storage subsidiaries.
Company updates also cover capital-market and corporate-status matters, including Nasdaq trading and listing communications, reverse stock split actions, stockholders' equity disclosures, common stock and warrant trading, and shareholder updates tied to the company's public-company compliance efforts.
American Rebel Holdings has acquired Champion Safe Company in a deal valued at approximately $9.9 million. The acquisition is set to contribute over $20 million in revenues, enhancing American Rebel's position in the safe manufacturing sector. Champion’s strong order background ensures immediate revenue benefits and supports the company’s goal of becoming a leading lifestyle brand. The transaction was facilitated by EF Hutton as the financial advisor.
American Rebel Holdings, Inc. (NASDAQ: AREB, AREBW) has successfully closed a private placement of common stock and warrants, raising funds for the acquisition of Champion Safe Company. The company sold 11,711,712 shares at $1.11, alongside warrants for 23,423,424 shares at an exercise price of $0.86. The net proceeds will primarily support this acquisition and cover working capital needs. American Rebel aims to enhance its product offerings with Champion's established brand. The securities remain unregistered under the Securities Act of 1933 and were offered only to accredited investors.
American Rebel Holdings, Inc. (NASDAQ: AREB, AREBW) announced a private placement to raise approximately $13.0 million by selling 11,711,712 shares of common stock and warrants for 23,423,424 shares at a price of $1.11 per share. The warrants have an exercise price of $0.86 and will expire in five years. Proceeds will mainly fund the acquisition of Champion Safe companies and cover working capital. Closing is expected on July 12, 2022, pending customary conditions.
American Rebel Holdings, Inc. (NASDAQ: AREB) announced its acquisition of Champion Safe Company for approximately $9.9 million. This strategic move is projected to add over $20 million in annual revenues, enhancing American Rebel's market presence. Champion is renowned for its high-quality gun safes and already shares manufacturing capabilities with American Rebel. The deal is expected to close by August 31, 2022, subject to customary approvals. CEO Andy Ross highlighted the acquisition's potential for growth and synergy between the brands.
American Rebel (NASDAQ: AREB, AREBW) will showcase its latest products at the NRA Annual Meetings and Exhibits from May 27-29, 2022, in Houston, TX. CEO Andy Ross expressed excitement about re-engaging with customers at this significant event, highlighting its importance to their brand. The company will unveil the American Rebel Freedom safe line, known for its rugged finish, and the 2A Lockers featuring a proprietary five-point locking mechanism. The exhibit number is 1630, and attendees will also see the 2nd Amendment Muscle Car built for Ross.
American Rebel Holdings (NASDAQ: AREB, AREBW) will exhibit at the Illinois Deer Classic from April 1-3, 2022, in Peoria, IL. CEO Andy Ross expressed excitement about the return of trade shows, highlighting their importance for engaging with customers and shareholders. The booth will feature a range of concealed carry apparel, backpacks, and small safes available for purchase. Admission costs $10, with discounts for younger attendees. The company focuses on personal security and self-defense products, as well as branded apparel.
American Rebel Holdings (NASDAQ: AREB, AREBW) will present at the Emerging Growth Conference on March 30, 2022. CEO Andy Ross will lead a 30-minute interactive session at 12:30 PM ET, allowing investors to engage directly with the company. This event provides a platform for American Rebel to showcase its products and strategies, targeting both individual and institutional investors. Those unable to attend can access an archived version of the presentation later. The conference serves as a vital communication tool for public companies to connect with the investment community.
American Rebel Holdings, Inc. (NASDAQ:AREB, AREBW) completed an underwritten public offering of 2,530,121 units at $4.15 each, generating approximately $10.5 million before expenses. Each unit consists of a share of common stock and a warrant, separable and trading individually. The proceeds will address outstanding debt and support growth through working capital and increased R&D. Additionally, underwriters have a 45-day option for over-allotments of up to 379,518 shares or warrants.
American Rebel Holdings, Inc. (NASDAQ:AREB, AREBW) announced a public offering of 2,530,121 units at $4.15 each, aiming for around $10.5 million in gross proceeds. Each unit includes one share of common stock and one warrant to purchase a share. The funds will be used for debt repayment, working capital, R&D, and growth strategies. A 1-for-80 reverse stock split will take effect on February 7, 2022, coinciding with the listing of common shares and warrants on the Nasdaq Capital Market. The offering closes on February 9, 2022, pending customary conditions.
American Rebel (OTCQB:AREB) announced it has filled its opening order from Dunham's Sports, a regional sporting goods chain with over 240 locations. This collaboration is expected to significantly enhance the visibility of American Rebel's products, particularly the AR-110 Key Vault. The company is optimistic about expanding its dealer network through upcoming events hosted by Nation's Best Sports, which facilitates purchasing for independent retailers. American Rebel operates in a growing market valued at $2B for gun safes and over $1B for concealed carry.