My Market Wizard

Filing Category: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

  • AMERICAN REBEL HOLDINGS INC 8-K Analysis & Summary – 2/21/2025

    Analyst Summary

    • Amended Purchase and Exchange Agreement to extend the time for the Purchaser to purchase additional portions of the Note from the Seller.
    • Received a notification from Nasdaq stating that the Company was not in compliance with Nasdaq Listing Rule 5550(b)(1) due to stockholders’ equity being below the minimum requirement of $2,500,000.
    • Issued unregistered shares of Common Stock to Silverback Capital Corporation and pursuant to the Amendment and closing notice.
    • Champion Safe Co. surpassed sales goals at recent buying group shows, achieving $2.4M year-to-date 2025 sales.
    • American Rebel Light Beer continues rapid expansion of national distribution footprint adding Iowa’s Mahaska Bottling Company.
    • CEO Andy Ross promoted the American Dream and Patriotic Products on NBC KSHB 41 Kansas City Morning Show KC Spotlight.

    Opportunities and Risks

    • Opportunity: Champion Safe Co.’s strong sales performance and positive dealer response to product innovations.
    • Opportunity: Expansion of American Rebel Light Beer distribution through partnership with Mahaska Bottling Company.
    • Risk: Failure to comply with Nasdaq Listing Rule 5550(b)(1) and potential delisting from the Nasdaq Capital Market.
    • Risk: Forward-looking statements are subject to significant risks and uncertainties, and actual results could differ.

    Potential Implications

    Company Performance

    • Champion Safe Co.’s strong sales could positively impact overall revenue.
    • Expansion of American Rebel Light Beer distribution could lead to increased market share and revenue.
    • Failure to regain compliance with Nasdaq listing rules could negatively impact investor confidence and access to capital.

    Stock Price

    • Potential delisting from Nasdaq could negatively impact the stock price.
    • Positive news regarding sales and distribution expansion could have a positive impact on the stock price.
    • Issuance of unregistered shares could dilute existing shareholders and potentially negatively impact the stock price.

  • IMAC Holdings, Inc. 8-K Analysis & Summary – 3/14/2025

    Analyst Summary

    • IMAC Holdings issued a promissory note to Jeffrey M. Busch, the Chair of the Board, for $27,500 and promissory notes to other lenders for $101,500.
    • The notes are unsecured and mature on the earlier of a securities offering with gross proceeds of at least $1,000,000 or November 14, 2025.
    • The company received a notice from Nasdaq because its common stock price was below $1.00 for 30 consecutive trading days.
    • IMAC Holdings has until September 9, 2025, to regain compliance with the minimum bid price requirement.
    • The company intends to take steps to regain compliance, including a potential reverse stock split, subject to stockholder approval on March 26, 2025.
    • The Board of Directors approved an amendment to the company’s bylaws, lowering the required quorum for stockholder meetings from a majority to one-third of the votes.

    Potential Implications

    Stock Price

    • The Nasdaq notice of non-compliance could negatively impact the stock price in the short term.
    • The company’s efforts to regain compliance, including a potential reverse stock split, could influence the stock price.