NASHVILLE - American Rebel Holdings, Inc. (NASDAQ:AREB), a company known for its safes and personal security products, has initiated a Regulation A+ public offering to raise up to $19,999,995 through the sale of its 8.53% Series C Redeemable Convertible Preferred Stock. This financial move opens investment opportunities to the broader public, allowing individuals aged 18 and over to purchase shares directly from the company's website.
The offering involves over 2.6 million shares of Series C Preferred Stock at $7.50 per share, with an annual dividend yield of approximately 8.53%. These shares are convertible into the company's common stock at a rate of five common shares for each preferred share. In addition to the financial benefits, investors will receive various branded promotional items based on the size of their investment.
American Rebel's CEO, Andy Ross, expressed the company's patriotic brand ethos and the significance of this offering in extending the relationship with their customer base. The move is seen as a strategy to align customer interests with the company's growth and market position.
The announcement also coincides with the launch of American Rebel Light Beer, a new venture for the company in collaboration with a beverage development firm and co-packer. The beer is marketed as aligning with America's patriotic values.
Investors are cautioned that the investment in American Rebel's preferred stock is speculative and involves significant risks, including the potential loss of the entire investment. Currently, there is no public market for these securities, and the company has indicated that while it intends to list the Series C Preferred Stock on the Nasdaq Capital Market, there is no guarantee that the application will be approved or that a trading market will develop.
This financial news is based on a press release statement from American Rebel Holdings, Inc. Potential investors are encouraged to review the offering circular and other documents filed with the Securities and Exchange Commission for a more comprehensive understanding of the risks involved.
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