American Rebel Holdings, Inc.

According to the Nasdaq Hearings Panel, American Rebel has reached the minimum stockholders' equity of $2.5 million required to continue its listing and therefore remains listed on the Nasdaq Capital Market. In its third-quarter report the company shows stockholders' equity of $3,378,257 but continues to face financial challenges, with total indebtedness of $22.51 million, a current ratio of 0.34, negative EBITDA of -$15.56 million and declining revenues. The company is now subject to a mandatory one-year monitoring period; if equity falls below the requirement again it risks delisting, though American Rebel has the right to a rehearing. » Altro su de.investing.com