On September 2, 2026, American Rebel Holdings, Inc. entered into separate Securities Purchase Agreements with Monroe Street Capital Partners, LP and Lambda Ventures LLC. The agreements resulted in the issuance of two convertible promissory notes totaling $137,500 in aggregate principal amount. Monroe Street Capital Partners received a note for $82,500, and Lambda Ventures LLC received a note for $55,000. The notes were issued with an original issue discount of $12,500 combined, resulting in net proceeds of $115,000 for the company.
The notes carry a one-time interest charge of 15% on the principal amount. The Monroe note matures twelve months from the issue date, while the Lambda note also matures twelve months from the issue date. The company is required to make monthly amortization payments of $13,553.57 for the Monroe note and $9,035.71 for the Lambda note, commencing March 1, 2027, through September 1, 2027. The total payments for the Monroe note will be $94,875, and $63,250 for the Lambda note.
Both notes include provisions for conversion into shares of the company’s common stock at a price equal to 75% of the lowest traded price on the Principal Market during the five trading days preceding the conversion date. The company agreed to issue 38,400 restricted shares to Monroe and 25,600 restricted shares to Lambda as commitment shares, for a total of 64,000 shares. Additionally, the company irrevocably reserved 40,000,000 shares of common stock for issuance upon conversion of the notes.
In other news, the company disclosed that it has defaulted on payments under a previously settled lease for an 8500 Marshall Drive property in Lenexa, Kansas. Oddo Development Company, Inc. filed a motion for entry of judgment and notice of a hearing set for September 9, 2026. As a result, American Rebel Holdings and its subsidiary American Rebel, Inc. have decided to close and consolidate operations at the Kansas City metropolitan-area premises. The company plans to surrender the premises by 5:00 p.m. Central Time on September 20, 2026. Following this consolidation, American Rebel, Inc. is expected to be formally wound down and dissolved prior to the end of the calendar year.
The company also noted a correction to a press release issued by its subsidiary, Champion Safe Company, regarding the ticker symbol. The corrected press release, dated September 1, 2026, references the company’s ticker as ‘OTCID: AREB’ rather than ‘OTC PINK: AREB.’
