American Rebel Holdings Inc., through its wholly-owned subsidiary Champion Safe Company, Inc., has entered into a Forbearance Agreement with Bank of America as part of its ongoing efforts to refinance existing debt. The agreement, signed on May 30, 2025, involves the bank agreeing to abstain from exercising its rights and remedies under a Credit Agreement until June 30, 2025, provided that the Borrower and Guarantors comply with all terms of the Forbearance Agreement. The Borrower made a principal payment of $100,000 upon execution of the agreement. The arrangement allows American Rebel Holdings to defer full repayment of outstanding amounts until the end of the Forbearance Period, offering crucial financial relief amid ongoing refinancing efforts.
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