Broadway Financial Corporation shares rise 4.12% intraday after American Rebel Holdings, Inc. reaffirms commitment to acquiring Nashville property.

Broadway Financial Corporation rose 4.12% intraday, with American Rebel Holdings, Inc. reaffirming its commitment to acquiring a property at 218 3rd Avenue North, Nashville, Tennessee. The company has elected to acquire 100% of the membership interests in the limited liability company (LLC) that owns the building, which is central to its long-term strategic and operational plans. This structure reserves the original valuation of $14.1 million and streamlines the closing process. Additionally, American Rebel Holdings, Inc. has acquired 30% of 218 LLC to improve stockholders' equity and anchor its corporate headquarters, expanding its American Rebel Beer brand presence near historic Broadway and flagship beverage accounts.