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AMERICAN REBEL UPDATE: 1-FOR-25 REVERSE STOCK SPLIT UPDATED EFFECTIVE DATE IS MARCH 31, 2025, AS PER NASDAQ PROCESSING ROUND LOT (100 SHARE) SHAREHOLDER PROTECTION FRACTIONAL SHARE ROUND UP TO NEAREST WHOLE SHARE
Nashville, TN, March 27, 2025 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB) — America’s Patriotic Brand (the “Company”), today announced

About this update from American Rebel Holdings, Inc.
[{"type":"text","content":"Nashville, TN, March 27, 2025 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB) — America’s Patriotic Brand (the “Company”), today announced that it will effect a reverse stock split of its outstanding shares of common stock, par value $0.001 per share (the “Common Stock”), at a ratio of 1-for-25, to be effective as of 12:00 a.m. Eastern Time on March 31, 2025 as per NASDAQ. The Company’s Common Stock will begin trading on a reverse stock split-adjusted basis at the opening of The Nasdaq Capital Market (“Nasdaq”) on Monday, March 31, 2025. Following the reverse stock split, the Common Stock will continue to trade on Nasdaq under the symbol “AREB” with the new CUSIP number, 02919L604. The reverse stock split is intended for the Company to: Enhance Deposit (Ability) and Marketability: By increasing the share price, a reverse split can make the stock more eligible for trading on certain platformsContinue to ensure compliance with the minimum bid price requirement of $1.00 per share of common stock for continued listing on Nasdaq. Important information: Exchange/Split Rate: 1:25New CUSIP: 02919L604Date of Record: March 31, 2025Transfer Agent: Securities Transfer CorporationContact Us - Securities Transfer Corporation The reverse stock split will not change the authorized number of shares of the Company’s Common Stock. No fractional shares will be issued in connection with the reverse stock split and all such fractional interests will be rounded up to the nearest whole number of shares of Common Stock. Further, no current owner of 100 or more shares will be reduced to less than 100 shares. In addition, the reverse stock split will apply to the Common Stock issuable upon the exercise of the Company’s outstanding derivative securities, with proportionate adjustments to be made to the exercise prices and number of derivates thereof and under the Company’s equity incentive plans. Round Lot Shareholder Protection to ensure that shareholders holding a \"round lot\" (typically 100 shares) are not adversely affected by the split. Example #1: If a shareholder holds 100 shares on the effective date, due to the Round Lot Shareholder Protection they will own 100 shares post-split after DTC/CEDE additional share issuance. The 100 shares pre-reverse would be adjusted via the 1:25 Ratio to one (1) share of common stock. An Additional...