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American Rebel Reports 227,554 Shares Outstanding Following 1-For-100 Reverse Share Split, Does Not Meet 500K Shares Outstanding Nasdaq Listing Requirement

Benzinga·03/24/2026 13:34:42
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"On March 23, 2026, the Company effected a 1-for-100 reverse stock split. This resulted in the Company having a post reverse stock split publicly shares number of 247,279. As a result, the Company does not comply with the minimum 500,000 Publicly Held Shares requirement for continued inclusion set forth in Listing Rule 5550(a)(4). Accordingly, this matter serves as an additional basis for delisting the Company's securities from The Nasdaq Stock Market."