Corporate ActionAug 4, 2026, 02:28 PM
AMERICAN REBEL Holdings Converts Debt & Preferred to Equity
AI Summary
AMERICAN REBEL Holdings undertook several corporate actions, including converting a $126,000 secured promissory note from Streeterville Capital into 700,000 common shares. The company also converted $51,000 of Series D Preferred Stock to Series E Preferred Stock, and subsequently converted the Series E Preferred Stock into 386,145 common shares with Horberg Enterprises. Additionally, $100,000 was released from a DACA to the company, and other promissory notes totaling over $69,000 were converted into common stock by 1800 Diagonal Lending LLC. The Board also approved amendments to the Series E Preferred Stock designations.
Key Highlights
- Converted $126,000 of Streeterville Capital note into 700,000 common shares at $0.18 per share.
- Released $100,000 from Streeterville Capital DACA to the Company.
- Exchanged 6,800 Series D Preferred Stock ($51,000 value) for 51 Series E Preferred Stock with Horberg.
- Converted 51 Series E Preferred Stock ($51,000 value) into 386,145 common shares at $0.1321 per share.
- 1800 Diagonal Lending LLC converted $44,990.03 note into 396,039 common shares at $0.1136.
- 1800 Diagonal Lending LLC converted $24,310.74 note into 214,003 common shares at $0.1136.
- Silverback Capital Corporation requested 1,000,000 common shares for approximately $120,500.
- Board approved Second Amended and Restated Certificate of Designations for Series E Preferred Stock.
Price Impact
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