NetworkNewsBreaks – American Rebel Holdings Inc. (NASDAQ: AREB) Closes $3M Private Placement
American Rebel (NASDAQ: AREB, AREBW), a designer, manufacturer and marketer of branded safes and personal security and self-defense products, recently announced the closing of its previously disclosed private placement of common stock (or pre-funded warrants in lieu thereof) and warrants. Under the securities purchase agreement, the company sold 686,499 shares of common stock (or pre-funded warrants) and warrants to purchase 686,499 shares of common stock. Each share (or pre-funded warrant) was sold together with accompanying warrants at a combined effective purchase price of $4.37. The warrants are immediately exercisable from the date of issuance at an initial exercise price of…







