AREB ...... This isn't done yet !!!!! | AREB | AMERICAN REBEL HOLDINGS INC |
| AREBD | |
| AREBW | AMERICAN REBEL HOLDINGS INC C/WTS 20/01/2027 (TO PUR COM) |
| Security Type | Equity |
| Shares Issued | 4,565,000 |
| Market Cap | 5,250,000 |
| Year High | 15360.00 |
| Year Low | 1.13 |
| Beta | 101.292 |
| Annual Earnings/Share | -5.60 |
| P/E Ratio | -0.205357 |
| Annual Dividend/Share | |
| Annual Dividend Yield | |
| Ex-Dividend Date | |
| Sector | 3089 - Plastics Products, NEC |
| 2022-02-07 | AREB | 1 | AREB | 1 |
| 2022-01-25 | AREB | 40 | AREB | 1 |
American Rebel Holdings, Inc. Announces Closing of $10.5 Million Public Offering
2022-02-09 13:05 ET - News Release
NASHVILLE, TN, Feb. 09, 2022 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc., (NASDAQ:AREB)(NASDAQ:AREBW) (the "Company," "American Rebel," "we," "our" or "us"), a designer and marketer of branded safes and personal security, and self-defense products, announced today the closing of its previously announced underwritten public offering of 2,530,121 units (the "Common Units"), at a price to the public of $4.15 per Common Unit, for aggregate gross proceeds of approximately $10.5 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. Each Common Unit consists of one share of common stock, par value $0.001 per share (the "Common Stock"), and one warrant to purchase one share of Common Stock (each a "Warrant" and collectively the "Warrants"). The Common Stock and Warrants are immediately separable from the Common Units and will be issued and traded separately. The Warrants are exercisable immediately, expire five years from the date of issuance and will have an exercise price of $5.1875 per share.
The Company intends to use the net proceeds from this offering to repay various outstanding indebtedness and for general corporate purposes, including working capital, increased research and development expenditures and funding its growth strategies.