American Rebel(US:AREB) Globenewswire·2026-02-11 20:36Core Viewpoint - American Rebel Holdings, Inc. has filed an appeal with Nasdaq to contest a delisting determination, allowing its common stock and warrants to continue trading on Nasdaq during the appeal process [1][2][9]. Appeal and Reversal of Prior Decision - The appeal was submitted on February 11, 2026, before the deadline, which automatically stays any suspension or delisting actions [2][9]. - The decision to appeal marks a significant reversal from the company's earlier stance of not appealing and preparing to transition to OTC Markets [4][10]. - The appeal was driven by stockholder feedback, emphasizing the importance of maintaining the Nasdaq listing for liquidity and visibility [2][6]. Context of Nasdaq Delisting Notice - Nasdaq's delisting determination on February 4, 2026, was due to the company's failure to maintain a minimum bid price of $1.00 for 30 consecutive business days, compounded by multiple reverse stock splits [8][10]. - The company had conducted four reverse stock splits since October 2024, with a cumulative ratio of 1-for-90,000, which disqualified it from the standard compliance grace period [8][10]. Hearing Process and Contingency Plans - The company is preparing to present a compliance plan to an independent Nasdaq Hearings Panel, with a hearing expected in the coming weeks [2][9]. - While pursuing the appeal, the company is also preparing for a potential transition to OTC Markets if necessary, as part of its contingency plans [8][10]. CEO Perspective - The CEO emphasized the company's commitment to stockholders and the importance of the appeal in preserving stockholder value, particularly for small investors [5][6]. - The appeal is seen as a strategic move to maintain stability and visibility for the company and its investors while executing its business strategy [7][10].