Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AREB | Original Issue Discount Note | Sale | $5.31B | +43K | +48.68% | $123,420.00* | 131K | Jan 10, 2025 | See Footnote | $7.50 | Direct | F1, F2, F3, F4 |
Id | Content |
---|---|
F1 | The Original Issue Discount Note (the "OID Note") is a debt instrument that is convertible into 43,000 shares of American Rebel Holdings Inc. ("AREB") Series D Convertible Preferred Stock. |
F2 | The OID Note has a maturity date of July 10th, 2025. |
F3 | Convertible into AREB Series D Convertible Preferred Stock, which is convertible into 215,000 shares of AREB Common Stock. |
F4 | The OID Note has a Gross Principal Amount of $123,420.00, minus an original issue discount of $23,420.00 that was paid in AREB Series D Convertible Preferred Stock. The Net Principal Amount to be repaid under the OID Note is $100,000.00. |