AMERICAN REBEL HOLDINGS INC 8K
0001493152-26-034059
View on SEC EDGARAmerican Rebel Holdings, Inc. issued a $6.235 million secured convertible promissory note to Streeterville Capital, LLC with equity conversion features and collateral backing.
American Rebel Holdings, Inc. entered into a secured convertible promissory note with Streeterville Capital, LLC, under which American Rebel borrows $6,235,000 at 10% annual interest with a 12‑month maturity from the purchase price funding date, incorporating a $565,000 original issue discount and $20,000 in transaction expenses, and granting Streeterville the right to convert the outstanding balance into common shares at a 20% discount to the lowest closing price over the prior 10 trading days, subject to a 9.99% ownership cap and secured by collateral under related security, pledge, guaranty and account control agreements, with extensive default, adjustment, and liquidated damages provisions.
Filing Facts
- CIK
- 1648087
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001493152-26-034059
- Alert Tier
- 7