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Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman Successfully Represents American Rebel Holdings, Inc. in Pricing of $10.5 Million Public Offering and Nasdaq Listing

Lucosky Brookman LLP congratulates its client, American Rebel Holdings, Inc. (NASDAQ: AREB; AREBW), a designer and marketer of branded safes and personal security, and self-defense products, on its successful pricing of its underwritten public offering of 2,530,121 units (the “Common Units”), at a price to the public of $4.15 per Common Unit, for aggregate gross proceeds of approximately $10.5 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. Each Common Unit consists of one share of common stock, par value $0.001 per share (the “Common Stock”), and one warrant to purchase one share of Common Stock (each a “Warrant” and collectively the “Warrants”). The Common Stock and Warrants are immediately separable from the Common Units and will be issued and traded separately. The Warrants are exercisable immediately, expire five years from the date of issuance and will have an exercise price of $5.1875 per share.

Lucosky Brookman acted as corporate and securities counsel to the Company while EF Hutton, division of Benchmark Investments, LLC, acted as sole book-running manager for the offering. 

The Company intends to use the net proceeds from this offering to repay various outstanding indebtedness and for general corporate purposes, including working capital, increased research and development expenditures and funding its growth strategies.