American Rebel Launching 1-for-25 Reverse Stock Split; Shares Fall

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American Rebel Launching 1-for-25 Reverse Stock Split; Shares Fall

, MT Newswires - 9:49 AM ET 3/24/2025 default

09:49 AM EDT, 03/24/2025 (MT Newswires) -- American Rebel ( AREB ) said Monday it will launch a reverse stock split of its common shares at a ratio of 1-for-25.

The shares will start trading on a split-adjusted basis at the opening of Nasdaq on March 31, the company said.

The split is being launched to keep ensuring compliance with Nasdaq's minimum bid price requirement of $1 per share, among other objectives, American Rebel ( AREB ) said.

The company's shares were falling past 23% in recent Monday trading.

Price: 0.12, Change: -0.04, Percent Change: -23.24

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