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The Latest News from Lucosky Brookman

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. 

Successful $3 Million Private Placement for American Rebel Holdings, Inc. (NASDAQ: AREB)

We are proud to announce that our client, American Rebel Holdings, Inc., has successfully raised $3.0 million through a private placement. The company, known for its distinctively branded safes, personal security, self-defense products, and branded apparel, has effectively navigated the transaction process.  

Our team worked hand-in-hand with the exclusive placement agent for the offering, EF Hutton, a division of Benchmark Investments, LLC. Our joint efforts ensured the process unfolded smoothly, effectively, and in the best interests of our client. 

The transaction entailed selling 686,499 shares of common stock (or pre-funded warrants in lieu thereof), and warrants to purchase 686,499 shares of common stock, each bundled with accompanying warrants at an effective purchase price of $4.37. These warrants will be immediately exercisable at an initial price of $4.24 per share and will expire five years from the date of issuance.

The raised funds will primarily be used to bolster American Rebel's general working capital and facilitate administrative purposes, reinforcing the company's position for future growth. 

Congratulations to American Rebel.  This collaboration reflects our law firm's unwavering dedication to providing our clients with high-quality legal guidance, practical business advice, and effective representation.