American Rebel Holdings trading resumes on NASDAQ after halt
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.
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