American Rebel Holdings, Inc. (NASDAQ: AREB) Regains Compliance with NASDAQ Listing Standards as of February 10, 2025.
American Rebel Holdings (NASDAQ: AREB) has successfully regained compliance with NASDAQ listing standards as of February 10, 2025. The company filed its FY2024 3rd Quarter 10-Q on February 7, 2025, meeting the periodic filing requirement after receiving a non-compliance notice on November 22, 2024.
The financial report revealed revenues of $2,337,786 for Q3 2024 and $9,637,016 for the first nine months of 2024. The company's CFO, Darin Fielding, played a important role in coordinating with independent auditors GBQ and Eventus Advisory Group to achieve compliance.
The company plans to release a stockholder update highlighting growth in its American Rebel Beverage business unit and improvements at Champion Safe Co.
American Rebel Holdings (NASDAQ: AREB) ha riacquisito con successo la conformità agli standard di quotazione NASDAQ a partire dal 10 febbraio 2025. L'azienda ha presentato il proprio 10-Q del terzo trimestre dell'anno fiscale 2024 il 7 febbraio 2025, rispettando così il requisito di deposito periodico dopo aver ricevuto una notifica di non conformità il 22 novembre 2024.
Il rapporto finanziario ha rivelato ricavi pari a $2,337,786 per il terzo trimestre del 2024 e $9,637,016 per i primi nove mesi del 2024. Il CFO dell'azienda, Darin Fielding, ha svolto un ruolo importante nel coordinarsi con i revisori indipendenti GBQ e il gruppo di consulenza Eventus per raggiungere la conformità.
L'azienda prevede di pubblicare un aggiornamento per gli azionisti evidenziando la crescita della sua unità commerciale American Rebel Beverage e miglioramenti presso Champion Safe Co.
American Rebel Holdings (NASDAQ: AREB) ha logrado recuperar la conformidad con los estándares de cotización de NASDAQ a partir del 10 de febrero de 2025. La compañía presentó su 10-Q del tercer trimestre del año fiscal 2024 el 7 de febrero de 2025, cumpliendo así con el requisito de presentación periódica tras recibir un aviso de no conformidad el 22 de noviembre de 2024.
El informe financiero reveló ingresos de $2,337,786 para el tercer trimestre de 2024 y $9,637,016 para los primeros nueve meses de 2024. El CFO de la compañía, Darin Fielding, desempeñó un papel importante en la coordinación con los auditores independientes GBQ y Eventus Advisory Group para lograr la conformidad.
La empresa planea publicar una actualización para los accionistas destacando el crecimiento de su unidad de negocios American Rebel Beverage y las mejoras en Champion Safe Co.
American Rebel Holdings (NASDAQ: AREB)는 2025년 2월 10일자로 NASDAQ 상장 기준을 성공적으로 회복했습니다. 이 회사는 2025년 2월 7일에 2024 회계연도 3분기 10-Q 보고서를 제출하여 2024년 11월 22일에 비준수 통지를 받은 후 정기 제출 요건을 충족했습니다.
재무 보고서는 2024년 3분기에 $2,337,786의 수익과 2024년 첫 9개월 동안 $9,637,016의 수익을 나타냈습니다. 회사의 CFO인 Darin Fielding는 독립 감사인인 GBQ 및 Eventus Advisory Group과 협력하여 규정을 준수하는 데 중요한 역할을 했습니다.
회사는 American Rebel Beverage 사업 부문의 성장과 Champion Safe Co.의 개선 사항을 강조하는 주주 업데이트를 발표할 계획입니다.
American Rebel Holdings (NASDAQ: AREB) a réussi à retrouver la conformité avec les normes de cotation de NASDAQ depuis le 10 février 2025. L'entreprise a déposé son 10-Q pour le 3ème trimestre de l'exercice 2024 le 7 février 2025, respectant ainsi l'exigence de dépôt périodique après avoir reçu un avis de non-conformité le 22 novembre 2024.
Le rapport financier a révélé des revenus de $2,337,786 pour le 3ème trimestre 2024 et $9,637,016 pour les neuf premiers mois de 2024. Le CFO de la société, Darin Fielding, a joué un rôle important dans la coordination avec les auditeurs indépendants GBQ et le groupe de conseil Eventus pour atteindre la conformité.
L'entreprise prévoit de publier une mise à jour pour les actionnaires mettant en avant la croissance de son unité commerciale American Rebel Beverage et les améliorations chez Champion Safe Co.
American Rebel Holdings (NASDAQ: AREB) hat am 10. Februar 2025 erfolgreich die Konformität mit den NASDAQ-Listing-Standards wiedererlangt. Das Unternehmen reichte am 7. Februar 2025 seinen 10-Q für das 3. Quartal des Geschäftsjahres 2024 ein und erfüllte damit die Anforderungen an die regelmäßige Einreichung, nachdem es am 22. November 2024 eine Nichtkonformitätsanzeige erhalten hatte.
Der Finanzbericht wies Einnahmen von $2,337,786 für das 3. Quartal 2024 und $9,637,016 für die ersten neun Monate 2024 aus. Der CFO des Unternehmens, Darin Fielding, spielte eine wichtige Rolle bei der Koordination mit den unabhängigen Prüfern GBQ und Eventus Advisory Group, um die Konformität zu erreichen.
Das Unternehmen plant, ein Aktionärs-Update zu veröffentlichen, das das Wachstum seiner Geschäftseinheit American Rebel Beverage und Verbesserungen bei Champion Safe Co. hervorhebt.
- Regained NASDAQ listing compliance, eliminating delisting risk
- Reported $9.6M revenue for first nine months of 2024
- Successfully filed delayed Q3 2024 financial reports
- Required compliance extension due to delayed financial filing
- Missed initial November 14, 2024 filing deadline for Q3 2024 report
Insights
The successful resolution of American Rebel Holdings' NASDAQ compliance issue represents a critical milestone for the company's market presence and investor confidence. Maintaining NASDAQ listing is vital for several reasons:
- Enhanced market visibility and access to institutional investors
- Better trading liquidity and price discovery
- Increased credibility with business partners and customers
- Preserved ability to raise capital through secondary offerings
The reported nine-month revenue of
The upcoming CEO update will be particularly significant as it may provide insights into the performance of their newer American Rebel Beverage division and the strategic reorganization of Champion Safe Co. The company's multi-vertical approach, spanning security products and beverages, represents an unusual but potentially complementary business model that warrants closer monitoring for synergy realization and growth trajectory.
The swift resolution of the compliance issue, completed well before the final deadline, indicates strong internal controls and effective coordination between the company's financial team and external advisors. This operational efficiency in regulatory matters bodes well for future compliance and reporting requirements.
Nashville, Tennessee, Feb. 11, 2025 (GLOBE NEWSWIRE) -- American Rebel Holdings, Inc. (NASDAQ: AREB) ("American Rebel" or the "Company"), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), is pleased to announce that it has regained compliance with the periodic filing requirement under NASDAQ’s listing rules.
“Maintaining our NASDAQ listing is of utmost importance to our Company and our stockholders. I would like to extend my deepest gratitude to our internal and external accounting teams for their tireless efforts in ensuring our ability to file our FY2024 3rd Quarter financials that allowed American Rebel to regain compliance with NASDAQ’s listing rules.” Andy Ross, CEO of American Rebel, further commented, “The dedication and hard work of Darin Fielding, CFO of our wholly owned subsidiary, Champion Safe Co., who emerged as our regulatory lead due to his previous auditor experience was instrumental in the coordination between our independent auditors, GBQ and Eventus Advisory Group’s seasoned team of public company accounting professionals.”
Timeline of NASDAQ Compliance Efforts
| November 14, 2024 | FY2024 3rd Quarter 10Q due |
| November 22, 2024 | Company notification by NASDAQ that it no longer met the perioding listing requirement due to the inability to file the FY2024 3rd Quarter 10Q |
| January 21, 2025 | Deadline for American Rebel Holdings, Inc. to submit a plan to NASDAQ to regain compliance with the listing requirements |
| February 7, 2025 | American Rebel Holdings, Inc. files Form 10-Q for the period ended September 30, 2024. |
| Revenue for the three (3) months ended September 30, 2024 of | |
| Revenue for the nine (9) months ended September 30, 2024 of | |
| February 10, 2025 | American Rebel Holdings, Inc. is notified by NASDAQ Staff that with the February 7, 2025 filing of the 10-Q for the period ended September 30, 2024, that the Company is deemed compliant with the NASDAQ Listing Rules. |
In the coming weeks, the Company is planning on providing a brief stockholder update from its CEO, Andy Ross, detailing the progress made in our business units throughout last year. This update will highlight the rapid growth and success American Rebel has experienced in our American Rebel Beverage business unit responsible for American Rebel Light Beer and the positive impacts of the reorganization and streamlining of our product offerings and processes at Champion Safe Co. (www.championsafe.com).
About American Rebel Holdings, Inc.
American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit www.americanrebel.com and www.americanrebelbeer.com. For investor information, visit www.americanrebel.com/investor-relations.
American Rebel Holdings, Inc.
info@americanrebel.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” "American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "forecasts" "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of marketing outreach efforts, continued compliance with Nasdaq listing requirements, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2023 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.
Company Contact:
Corey Lambrecht, COO
Corey.lambrecht@americanrebel.com
FAQ
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