American Rebel (AREB) Holdings highlighted a significant leadership alignment and balance-sheet strengthening action in which the Company’s Board of Directors and senior leadership-including its President, CEO and former President-elected to convert accrued board fees, compensation-related amounts, and certain other accrued obligations into equity. As disclosed in the Company’s Current Report on Form 8-K filed on January 6, 2026, these non-cash conversions were effectuated through the issuance of the Company’s Series D Convertible Preferred Stock in exchange for accrued obligations previously reflected as liabilities on the Company’s balance sheet. In aggregate, Company leadership and directors have converted approximately $2.05M of accrued obligations into equity.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AREB:
- Champion Safe reports 35% y/y growth from West Coast Safe Company
- American Rebel Expands Equity-Funded Investments and Sponsorship Deals
- American Rebel Holdings Secures New Working Capital Financings
- American Rebel Secures $787,500 Loan for Inventory
- Champion Safe reports 130% y/y growth from Balport Lock and Safe