American Rebel Holdings (AREB) Takes On $155K Convertible Note

This summary was generated by AI from the company's SEC filing and may contain errors — always verify against the primary source on SEC.gov.

The short version

American Rebel Holdings, Inc. (AREB) entered into a Securities Purchase Agreement dated June 9, 2026, with Quick Capital, LLC, according to an 8-K (a filing companies use to report major news) filed on June 18, 2026. Quick Capital agreed to buy a convertible promissory note — a loan that can be turned into company stock — with a face value of $155,294.12, funding $132,000 upfront, minus $7,000 for the buyer's legal fees. The note can be converted into AREB common shares under terms described in the agreement.

American Rebel Holdings, Inc. (Nasdaq: AREB) has taken on new debt by selling a convertible promissory note (a loan that the holder can choose to convert into company stock instead of being repaid in cash) to Quick Capital, LLC, a Wyoming company, according to an 8-K filed June 18, 2026.

The Deal

The Securities Purchase Agreement was signed on June 9, 2026. The note has a face value of $155,294.12, but the actual cash American Rebel received was $132,000 — the difference represents built-in financing costs. Quick Capital also withheld $7,000 from that amount to cover its own legal fees, meaning the net cash to American Rebel at closing was approximately $125,000.

How the Note Can Become Stock

The note is "convertible," meaning Quick Capital has the right to convert the amount it is owed into shares of AREB common stock (called "Conversion Shares") under the terms laid out in the agreement. The filing does not specify the conversion price or conversion rate.

Registration Rights

American Rebel agreed to include any Conversion Shares on any future registration statement (a formal document that allows shares to be publicly sold) it files with the SEC. If the company fails to do so, it would owe Quick Capital liquidated damages (a pre-set penalty) of $20,000, payable in cash.

Other Terms

American Rebel must maintain its corporate existence as long as Quick Capital holds the securities.
American Rebel is responsible for paying any stamp taxes or government duties related to the note.
The filing covers 8-K items relating to entry into a material agreement, creation of a material financial obligation, and another reported item (Item 3.02, which typically relates to unregistered sales of equity securities).

Key facts

American Rebel Holdings, Inc. (AREB) signed a Securities Purchase Agreement with Quick Capital, LLC on June 9, 2026.

The convertible promissory note has a face value of $155,294.12.

Quick Capital funded $132,000 at closing.

Quick Capital withheld $7,000 for its legal fees from the closing amount.

The note is convertible into AREB common stock.

Failure to register Conversion Shares triggers a $20,000 liquidated damages penalty.

The 8-K was filed June 18, 2026.

Quick Capital, LLC is a Wyoming limited liability company.

Why it matters

For retail investors in AREB, this deal is a double-edged development. The company raised roughly $125,000 in net cash, which provides near-term liquidity. However, convertible notes like this one create the potential for dilution — if Quick Capital converts its debt into AREB shares, existing shareholders own a smaller slice of the company. The gap between the $132,000 funded and the $155,294.12 face value also means American Rebel will owe more than it received, which adds to its financial obligations. Investors should watch for the conversion terms disclosed in the attached note exhibit and any future share issuances tied to this agreement.

Frequently asked

How much money did American Rebel Holdings actually receive from this deal?

American Rebel received $132,000 at closing, but Quick Capital withheld $7,000 for legal fees, so the net cash to the company was approximately $125,000.

What is a convertible promissory note and why does it matter for AREB shareholders?

A convertible promissory note is a loan that the lender can choose to convert into company stock instead of demanding cash repayment. For existing AREB shareholders, this means new shares could be issued to Quick Capital in the future, which would dilute (reduce) their ownership percentage.

What is the face value of the note compared to the amount funded?

The note has a face value of $155,294.12, but Quick Capital only funded $132,000. The $23,294.12 difference represents built-in financing costs that American Rebel will effectively owe.

What happens if American Rebel does not register Quick Capital's conversion shares for resale?

According to the filing, American Rebel would owe Quick Capital a pre-set penalty of $20,000, payable in cash, if it fails to include the Conversion Shares on a future SEC registration statement.

What the filing reported

1.01 Entry into a Material Agreement

2.03 Creation of a Material Financial Obligation

3.02 Other reported item

9.01 Financial Statements & Exhibits