American Rebel Holdings, Inc. (NASDAQ: AREB) Regains Compliance with NASDAQ Listing Standards as of February 10, 2025. (UPDATED)
American Rebel Holdings (NASDAQ: AREB) has successfully regained compliance with NASDAQ listing standards as of February 10, 2025. The company had initially failed to file its FY2024 3rd Quarter 10Q by the November 14, 2024 deadline, leading to a NASDAQ notification of non-compliance on November 22, 2024.
The company filed its Form 10-Q on February 7, 2025, reporting revenue of $2,337,786 for Q3 2024 and $9,637,016 for the first nine months of 2024. The filing was achieved through collaborative efforts between the company's internal team, including Champion Safe Co.'s CFO Darin Fielding, and external partners GBQ and Eventus Advisory Group.
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 ripristinato con successo la conformità agli standard di quotazione NASDAQ a partire dal 10 febbraio 2025. Inizialmente, l'azienda non era riuscita a presentare il proprio 10Q del terzo trimestre FY2024 entro la scadenza del 14 novembre 2024, portando a una notifica di non conformità da parte di NASDAQ il 22 novembre 2024.
L'azienda ha presentato il proprio modulo 10-Q il 7 febbraio 2025, riportando ricavi di $2.337.786 per il Q3 2024 e $9.637.016 per i primi nove mesi del 2024. La presentazione è stata ottenuta grazie agli sforzi collaborativi tra il team interno dell'azienda, incluso il CFO di Champion Safe Co., Darin Fielding, e partner esterni come GBQ e Eventus Advisory Group.
L'azienda prevede di rilasciare un aggiornamento agli azionisti evidenziando la crescita nella sua unità di business American Rebel Beverage e i miglioramenti presso Champion Safe Co.
American Rebel Holdings (NASDAQ: AREB) ha recuperado con éxito el cumplimiento de los estándares de cotización de NASDAQ a partir del 10 de febrero de 2025. La empresa no logró presentar su 10Q del tercer trimestre del FY2024 antes de la fecha límite del 14 de noviembre de 2024, lo que llevó a una notificación de incumplimiento por parte de NASDAQ el 22 de noviembre de 2024.
La empresa presentó su formulario 10-Q el 7 de febrero de 2025, reportando ingresos de $2,337,786 para el Q3 2024 y $9,637,016 para los primeros nueve meses de 2024. La presentación se logró gracias a los esfuerzos colaborativos entre el equipo interno de la empresa, incluido el CFO de Champion Safe Co., Darin Fielding, y socios externos como GBQ y Eventus Advisory Group.
La empresa planea lanzar una actualización para los accionistas destacando el crecimiento de su unidad de negocios American Rebel Beverage y las mejoras en Champion Safe Co.
아메리칸 레벨 홀딩스 (NASDAQ: AREB)는 2025년 2월 10일 기준으로 NASDAQ 상장 기준 준수를 성공적으로 회복했습니다. 회사는 FY2024 3분기 10Q를 2024년 11월 14일 마감일까지 제출하지 못해 2024년 11월 22일에 NASDAQ의 비준수 통지를 받았습니다.
회사는 2025년 2월 7일에 10-Q 양식을 제출하며, 2024년 3분기 매출이 $2,337,786, 2024년 첫 아홉 달 매출이 $9,637,016이라고 보고했습니다. 이 제출은 챔피온 세이프 사의 CFO 다린 필딩을 포함한 회사의 내부 팀과 외부 파트너인 GBQ 및 이벤트 어드바이저리 그룹 간의 협업 노력을 통해 이루어졌습니다.
회사는 아메리칸 레벨 음료 사업 부문 성장과 챔피온 세이프 사의 개선을 강조하는 주주 업데이트를 발표할 계획입니다.
American Rebel Holdings (NASDAQ: AREB) a réussi à rétablir sa conformité avec les normes de cotation NASDAQ depuis le 10 février 2025. L'entreprise n'avait initialement pas réussi à déposer son 10Q du 3ème trimestre FY2024 avant la date limite du 14 novembre 2024, ce qui a conduit à une notification de non-conformité de la part de NASDAQ le 22 novembre 2024.
L'entreprise a déposé son formulaire 10-Q le 7 février 2025, rapportant des revenus de $2,337,786 pour le Q3 2024 et $9,637,016 pour les neuf premiers mois de 2024. Le dépôt a été réalisé grâce aux efforts collaboratifs de l'équipe interne de l'entreprise, y compris le CFO de Champion Safe Co., Darin Fielding, et des partenaires externes tels que GBQ et Eventus Advisory Group.
L'entreprise prévoit de publier une mise à jour pour les actionnaires mettant en lumière la croissance de son unité commerciale American Rebel Beverage et les améliorations au sein de Champion Safe Co.
American Rebel Holdings (NASDAQ: AREB) hat zum 10. Februar 2025 erfolgreich die Einhaltung der NASDAQ-Listing-Standards wiederhergestellt. Das Unternehmen hatte anfänglich versäumt, sein 10Q für das 3. Quartal des Geschäftsjahres 2024 bis zur Frist am 14. November 2024 einzureichen, was zu einer Mitteilung von NASDAQ über die Nichteinhaltung am 22. November 2024 führte.
Das Unternehmen hat sein Formular 10-Q am 7. Februar 2025 eingereicht und dabei Einnahmen von $2.337.786 für das Q3 2024 und $9.637.016 für die ersten neun Monate des Jahres 2024 gemeldet. Die Einreichung wurde durch die Zusammenarbeit des internen Teams des Unternehmens, einschließlich des CFO von Champion Safe Co., Darin Fielding, und externen Partnern wie GBQ und Eventus Advisory Group erreicht.
Das Unternehmen plant, ein Update für die Aktionäre zu veröffentlichen, das das Wachstum seiner Geschäftseinheit American Rebel Beverage und die Verbesserungen bei Champion Safe Co. hervorhebt.
- Regained NASDAQ listing compliance, avoiding potential delisting
- Generated $9.6M revenue in first nine months of 2024
- Q3 2024 revenue reached $2.3M
- Delayed filing of Q3 2024 financial reports, triggering NASDAQ compliance issues
Insights
The restoration of NASDAQ compliance marks a critical milestone for American Rebel Holdings, removing a significant regulatory overhang that had threatened its market accessibility. The resolution of the filing delay demonstrates improved internal controls and financial reporting capabilities, particularly noteworthy given the complexity of managing multiple business units including safes, beverages and security products.
The reported nine-month revenue of
For small-cap companies, maintaining NASDAQ listing is important for several reasons:
- Enhanced visibility and trading volume potential
- Access to institutional investors who often have minimum listing requirements
- Greater credibility with partners and customers
- Improved access to capital markets for future funding needs
The strengthened financial team structure, including the strategic utilization of Champion Safe Co.'s CFO's auditing experience and external expertise from GBQ and Eventus Advisory Group, suggests improved financial governance moving forward. This enhanced oversight should help prevent future filing delays and maintain regulatory compliance.
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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