American Rebel Holdings Announces 1-for-25 Reverse Stock Split

(RTTNews) - American Rebel Holdings, Inc. (AREB) Thursday has announced a 1-for-25 reverse stock split of its common shares, effective at 12:00 a.m. Eastern Time on March 31, 2025.

The company's stock will begin trading on a split-adjusted basis on Nasdaq under the symbol "AREB" with a new CUSIP number (02919L604).

The reverse split aims to enhance stock marketability and maintain compliance with Nasdaq's minimum $1.00 bid price requirement. It will reduce outstanding shares from approximately 15 million to 600,000, excluding additional shares issued under the company's round lot protection policy.

AREB is currently trading at $0.0961 or 29.3382% lower on the Nasdaq Capital Market.