SCHEDULE 13D/A: Kingdom Building, Inc. Amends American Rebel Holdings Stake, Corrects Prior Filing

Kingdom Building, Inc. has filed an Amendment No. 6 to its Schedule 13D, disclosing recent conversions of preferred stock into common stock in American Rebel Holdings Inc. and correcting an overstatement of potential holdings from a previous filing.

Summary

• Kingdom Building, Inc. (KBI) filed Amendment No. 6 to its Schedule 13D regarding its holdings in American Rebel Holdings Inc.
• The amendment includes details on conversions of KBI's Preferred Stock into Common Stock of American Rebel Holdings Inc.
• KBI acquired 35,000 shares of Preferred Stock on October 1, 2024, via a Settlement Agreement with the Issuer.
• KBI acquired 53,334 shares of Preferred Stock on May 24, 2024, via a Consulting Agreement with the Issuer.
• On February 10, 2025, KBI converted 88,334 shares of Series D Convertible Preferred Stock into 441,670 shares of Common Stock.
• As of April 22, 2025, KBI beneficially owned 187,384 shares of American Rebel Holdings Inc. Common Stock, representing 3.13% of the class. This includes 100,104 shares of Common Stock directly held and 17,456 shares of Preferred Stock convertible into 87,280 shares of Common Stock.
• The filing corrects a misstated figure in Amendment No. 5, clarifying that the OID Note's reserve amount is 14,333 shares of Preferred Stock and 71,667 shares of Common Stock, not the previously stated 43,000 Preferred and 215,000 Common shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While a correction of a prior error is noted, which could be seen negatively, the overall purpose of the filing is routine disclosure of ownership changes and compliance. The correction itself improves accuracy and transparency.

Positives

• Correction of previously misstated figures enhances transparency and accuracy of disclosures, improving the reliability of public information.

Negatives

• The necessity for a correction indicates a prior error in reporting, which could raise questions about the initial accuracy of disclosures, although it has now been rectified.

Risks

• Risk of inaccurate public disclosures, as evidenced by the need to correct a misstated figure in a previous filing, which could impact investor confidence in reported data.

Future Outlook

The document does not provide specific forward-looking statements or guidance from the issuer or the reporting person beyond the nature of the OID Note's potential conversion.

Industry Context

This filing is a standard disclosure of a significant shareholder's ownership changes and corrections, which is common in the financial industry for transparency. It does not provide broader industry trends or competitive analysis.

Related Party Transactions

• Issuance of 35,000 shares of Preferred Stock to Kingdom Building, Inc. pursuant to a Settlement Agreement dated October 1, 2024, between the Reporting Person and the Issuer.
• Issuance of 53,334 shares of Preferred Stock to Kingdom Building, Inc. pursuant to a Consulting Agreement dated May 24, 2024, between the Reporting Person and the Issuer.

Stakeholder Impact

• Shareholders: Provides updated transparency on a significant shareholder's stake and the correction of previously misstated potential holdings, which can affect perception of data reliability and overall market transparency.

Key Dates

Recommendation

Keywords

American Rebel Holdings Inc., Kingdom Building Inc., Schedule 13D, Common Stock, Preferred Stock, Stock Conversion, Beneficial Ownership, SEC Filing, Corporate Governance, Investment, Shareholder Disclosure