American Rebel secures $124,200 promissory note from 1800 Diagonal Lending to enhance liquidity and fund operations, while reducing debt through equity swaps with Streeterville Capital.
Amount Raised
$124,000
Round Type
Debt Financing
NashvilleFinancial ServicesFinanceFintechLendingInvestment ManagementInvestors
Description
American Rebel disclosed various financing maneuvers, including a new $124,200 promissory note and the reduction of debt via equity conversion. The company exchanged two Streeterville Capital notes totaling $330,000 for shares. In a separate move, American Rebel settled loans with Agile Capital Funding by issuing equity. These actions aim to enhance liquidity and streamline financial obligations.
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