Back to mobile site

American Rebel Holdings trading resumes on NASDAQ after halt

April 27, 2026 12:14 PM EDT

American Rebel Holdings Inc. (NASDAQ: AREB) announced that trading in its common stock and warrants resumed at 11:00 a.m. Eastern Time on April 27, 2026, following a trading halt that began March 20, 2026.

The company reported 4,132,655 common shares outstanding as of the morning of April 27, 2026, according to a transfer agent report. A Broadridge analysis showed that approximately 86% of the company's 33,908 beneficial shareholders held positions under 250 shares as of April 14, 2026.

"The shares issued to CEDE & Co. for distribution to stockholders affected by the round-lot rounding were an important part of the stockholder-protection mechanics associated with our reverse split," said Andy Ross, Chief Executive Officer.

American Rebel completed a 1-for-100 reverse stock split that became effective March 23, 2026. The split-adjusted reference price for the common stock was $6.46. On April 6, 2026, the company issued 3,218,299 shares of common stock to CEDE & Co. for distribution to stockholders affected by rounding from the reverse split.

The company had received a deficiency letter from NASDAQ on March 23, 2026, stating it did not meet the minimum 500,000 publicly held shares requirement under NASDAQ Listing Rule 5550(a)(4). The post-reverse-split publicly held shares number was approximately 247,279. The company stated it believes the CEDE & Co. share issuance addresses this deficiency.

American Rebel remains subject to NASDAQ monitoring for compliance with minimum stockholders' equity requirements. The company must also satisfy the minimum $1.00 bid price requirement for 10 consecutive business days after addressing the publicly held shares deficiency.

The company operates as a patriotic lifestyle brand, offering safes, personal security products, apparel and American Rebel Light Beer.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News

Related Entities

Maynard Um, Mark Zuckerberg, ARK