SEC Comment Letter 0000000000-23-013422 to AMERICAN REBEL HOLDINGS INC (AREB)
AMERICAN REBEL HOLDINGS INC
Date: Dec. 8, 2023 · CIK: 0001648087 · Accession: 0000000000-23-013422
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File numbers found in text: 024-12357
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United States securities and exchange commission logo
December 8, 2023
Doug Grau
President
AMERICAN REBEL HOLDINGS INC
909 18th Avenue South, Suite A
Nashville, Tennessee 37212
Re:AMERICAN REBEL HOLDINGS INC
Offering Statement on Form 1-A
File No. 024-12357
Filed on November 13, 2023
Dear Doug Grau:
We have reviewed your offering statement and have the following comment(s).
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe a comment applies to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response. After
reviewing any amendment to your offering statement and the information you provide in
response to this letter, we may have additional comments.
Offering Statement on Form 1-A filed November 13, 2023
General
1.Revise your offering circular, including the cover page, to clearly disclose that the
securities you are offering and seeking to qualify under Regulation A to include the
Common Stock available upon conversion of the Series C Redeemable
Convertible Preferred Stock. State the maximum amount of securities issuable upon the
conversion of any convertible securities and the fixed rate at which such conversion will
occur. Your revisions should include updating the tabular disclosure on your cover page
showing the "Securities Offered by the Company" and revising Item 4 of Part I of your
Form 1-A offering statement.
2.We note your Form 8-K filed on October 27, 2023 concerning the notification of potential
delisting from the Nasdaq Stock Market LLC. Please revise to include relevant disclosure
concerning the notification.
FirstName LastNameDoug Grau
Comapany NameAMERICAN REBEL HOLDINGS INC
December 8, 2023 Page 2
FirstName LastName
Doug Grau
AMERICAN REBEL HOLDINGS INC
December 8, 2023
Page 2
Plan of Distribution
Exchange Listing, page 81
3.We note your disclosure here and on the cover page that you intend to apply to have the
Series C Preferred Stock listed on the Nasdaq Capital Market. We also note on page 26
your disclosure that you have no current plans to pursue a public market for the Series C
Preferred Stock. Please revise or advise.
Forum Selection Provision, page 87
4.We note your disclosure that the subscription agreement contains an exclusive forum
provision. It does not appear Exhibit 4.1 contains an exclusive forum provision. Please
revise or advise. If the subscription agreement does contain an exclusive forum provision,
please revise to include appropriate risk factor disclosure.
Exhibits
5.We note a number of exhibits that are not text-searchable. Please refile your exhibits in
the proper text-searchable format. Please refer to Section 5.2.3.6 of the EDGAR Filer
Manual (Volume II) and Item 301 of Regulation S-T.
We will consider qualifying your offering statement at your request. If a participant in
your offering is required to clear its compensation arrangements with FINRA, please have
FINRA advise us that it has no objections to the compensation arrangements prior to
qualification.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff. We also remind you that, following qualification of your Form 1-A, Rule 257
of Regulation A requires you to file periodic and current reports, including a Form 1-K which
will be due within 120 calendar days after the end of the fiscal year covered by the report.
Please contact Patrick Fullem at 202-551-8337 or Jay Ingram at 202-551-3397 with any
other questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing