American Rebel Holdings, Inc. (NASDAQ: AREB) Regains Compliance with NASDAQ Listing Standards as of February 10, 2025.
12 February 2025 - 12:00AM
American Rebel Holdings, Inc. (NASDAQ: AREB) ("American Rebel" or
the "Company"), creator of American Rebel Beer
(americanrebelbeer.com) and a designer, manufacturer, and marketer
of branded safes, personal security and self-defense products and
apparel (americanrebel.com), is pleased to announce that it has
regained compliance with the periodic filing requirement under
NASDAQ’s listing rules.
“Maintaining our NASDAQ listing is of
utmost importance to our Company and our stockholders. I would like
to extend my deepest gratitude to our internal and external
accounting teams for their tireless efforts in ensuring our ability
to file our FY2024 3rd Quarter
financials that allowed American Rebel to regain compliance with
NASDAQ’s listing rules.” Andy Ross, CEO of American Rebel,
further commented, “The dedication and hard work of Darin Fielding,
CFO of our wholly owned subsidiary, Champion Safe Co., who emerged
as our regulatory lead due to his previous auditor experience was
instrumental in the coordination between our independent auditors,
GBQ and Eventus Advisory Group’s seasoned team of public company
accounting professionals.”
Timeline of NASDAQ Compliance
Efforts
November 14, 2024 |
FY2024 3rd Quarter 10Q due |
November 22, 2024 |
Company notification by NASDAQ that it no longer met the perioding
listing requirement due to the inability to file the FY2024 3rd
Quarter 10Q |
January 21, 2025 |
Deadline for American Rebel Holdings, Inc. to submit a plan to
NASDAQ to regain compliance with the listing requirements |
February 7, 2025 |
American Rebel Holdings, Inc. files Form 10-Q for the period ended
September 30, 2024. |
|
Revenue for the three (3) months ended September 30, 2024 of
$2,337,786.00 |
|
Revenue for the nine (9) months ended September 30, 2024 of
$9,637,016.00 |
February 10, 2025 |
American Rebel Holdings, Inc. is notified by NASDAQ Staff
that with the February 7, 2025 filing of the 10-Q for the
period ended September 30, 2024, that the Company is deemed
compliant with the NASDAQ Listing Rules. |
In the coming weeks, the Company is planning on
providing a brief stockholder update from its CEO, Andy Ross,
detailing the progress made in our business units throughout last
year. This update will highlight the rapid growth and success
American Rebel has experienced in our American Rebel Beverage
business unit responsible for American Rebel Light Beer and the
positive impacts of the reorganization and streamlining of our
product offerings and processes at Champion Safe Co.
(www.championsafe.com).
About American Rebel Holdings, Inc.
American Rebel Holdings, Inc. (NASDAQ: AREB) has
operated primarily as a designer, manufacturer and marketer of
branded safes and personal security and self-defense products and
has recently transitioned into the beverage industry through the
introduction of American Rebel Light Beer. The Company also designs
and produces branded apparel and accessories. To learn more,
visit www.americanrebel.com and www.americanrebelbeer.com. For
investor information, visit
www.americanrebel.com/investor-relations.American Rebel
Holdings, Inc.info@americanrebel.com
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB;
AREBW) (the “Company,” "American Rebel,” “we,” “our” or “us”)
desires to take advantage of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 and is including
this cautionary statement in connection with this safe harbor
legislation. The words "forecasts" "believe," "may," "estimate,"
"continue," "anticipate," "intend," "should," "plan," "could,"
"target," "potential," "is likely," "expect" and similar
expressions, as they relate to us, are intended to identify
forward-looking statements. We have based these forward-looking
statements primarily on our current expectations and projections
about future events and financial trends that we believe may affect
our financial condition, results of operations, business strategy,
and financial needs. Important factors that could cause actual
results to differ from those in the forward-looking statements
include benefits of marketing outreach efforts, continued
compliance with Nasdaq listing requirements, our ability to
effectively execute our business plan, and the Risk Factors
contained within our filings with the SEC, including our Annual
Report on Form 10-K for the year ended December 31, 2023 and
Quarterly Report on Form 10-Q for the quarter ended September 30,
2024. Any forward-looking statement made by us herein speaks only
as of the date on which it is made. Factors or events that could
cause our actual results to differ may emerge from time to time,
and it is not possible for us to predict all of them. We undertake
no obligation to publicly update any forward-looking statements,
whether as a result of new information, future developments or
otherwise, except as may be required by law.
Company Contact:Corey Lambrecht,
COOCorey.lambrecht@americanrebel.com
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