Corey Lambrecht, president, COO of American Rebel, sells $160k in shares

Published 02/10/2025, 01:12
Corey Lambrecht, president, COO of American Rebel, sells $160k in shares

Corey Allen Lambrecht, President and COO of American Rebel Holdings Inc (NASDAQ:AREB), sold 165,049 shares of common stock on September 30, 2025, at an average price of $0.97, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as the stock has experienced significant volatility, with InvestingPro data showing a 99% decline over the past year and a market capitalization of just $7.6 million.

The transaction amounted to a total of $160,097. Following the sale, Lambrecht directly owns 10,051 shares of American Rebel Holdings . According to InvestingPro analysis, the company faces significant financial challenges, with a weak financial health score and negative EBITDA of -$12.9 million in the last twelve months. Subscribers to InvestingPro can access 15 additional key insights about AREB’s financial position and future prospects.

In other recent news, American Rebel Holdings, Inc. has resolved its default with Bank of America, eliminating foreclosure risk for its Champion Safe Co. subsidiary. The company received confirmation from Bank of America on September 25, marking the resolution of all related obligations. Additionally, American Rebel Holdings announced an amendment to its Series D Convertible Preferred Stock, increasing the number of authorized shares from 500,000 to 3,000,000. The company also corrected an administrative error in a Form 4 filing, clarifying that the correct price per share was $1.16, not the previously reported $202,387.42. Furthermore, the company will implement a 1-for-20 reverse stock split effective October 3, with shares trading on a split-adjusted basis under the same ticker symbol. American Rebel Holdings has also acquired a 19% stake in Schmitty’s Herbal Snuff and Pouches, aiming to expand retail distribution through their national network. Lastly, the company entered a consulting services agreement with FMW Media Works LLC, under which it will pay $10,000 per month and issue 500,000 shares of common stock in exchange for media and consulting services over a twelve-month term.

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