EFSH - Dividend announcements

NEW YORK, NY, Oct. 03, 2025 (GLOBE NEWSWIRE) -- 1847 Holdings LLC ("1847" or the "Company") (Previous Ticker: EFSH), a holding company specializing in identifying overlooked, deep-value investment opportunities in middle market businesses, today announced that it expects to begin trading on the OTC Pink Limited tier of OTC Markets Group Inc. within the next one-to-four business days, subject to FINRA's review of its requested trading symbol. Following the expected commencement of trading on the OTC Pink Limited tier, the Company intends to further enhance its market visibility by promptly transitioning to the OTCID. 1847's ultimate objective is to relist on a senior U.S. exchange as soon

Gross Profit Rises 462% to $6.7 Million Net Income from Continuing Operations Improved by $26.6 Million to $23.7 Million Revenue for First Half of 2025 Increased 382% to $22.9 Million, a $18.1 Million Increase from Prior Year Generated $973,606 in Positive Cash Flow from Continuing Operations in First Half of 2025, Marking a Significant Milestone Reaffirms 2025 Guidance for Net Income of ~$1.3 Million on Revenue of Over $45 Million; Projects 2026 Net Income of ~$5.0 Million on Revenue of More than $60 Million NEW YORK, NY, Aug. 15, 2025 (GLOBE NEWSWIRE) -- 1847 Holdings LLC ("1847" or the "Company") (Ticker: EFSH), a holding company specializing in identifying overlooked, deep-value

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- 1847 Holdings LLC ("1847" or the "Company"), a holding company specializing in identifying overlooked, deep-value investment opportunities in middle market businesses, today announced that it has initiated the process to transition the trading of its common shares to the OTCQB® Venture Market, operated by OTC Markets Group Inc. The Company has submitted an application for quotation, which is currently under review. An update and confirmation of the trading commencement date will be provided upon approval. "We are taking deliberate steps to ensure continued trading access and visibility for our shareholders," said Ellery W. Roberts, CEO of 1847 H

NEW YORK CITY, NY / ACCESS Newswire / January 16, 2025 / 1847 Holdings LLC (NYSE:EFSH) ("1847 Holdings" or the "Company") today announced the engagement of Two Roads Advisors, a boutique investment bank specializing in mergers and acquisitions, to manage the sale process for its subsidiary, Wolo Manufacturing Corp. ("Wolo").Wolo is a leading manufacturer and distributor of vehicle horns and safety products, offering a comprehensive range of electric and air horns for trucks, marine vessels, motorcycles, and industrial equipment. The company also provides a broad array of vehicle emergency and safety warning lights for cars, trucks, industrial equipment, and emergency vehicles.The sale of Wol

NEW YORK, NY / ACCESSWIRE / December 31, 2024 / 1847 Holdings LLC (NYSE:EFSH) ("1847 Holdings" or the "Company") today announced that its Board of Directors has declared a special dividend of newly designated Series E Preferred Shares. Each holder of the Company's Common Shares as of the record date of January 10, 2025 will receive one (1) Series E Preferred Share for each Common Share held.Each outstanding Series E Preferred Share will have 1,000,000 votes per share and will vote together with the outstanding Common Shares as a single class exclusively with respect to certain proposals to be presented at an upcoming shareholder meeting. All Series E Preferred Shares that are not voted prior

NEW YORK, NY / ACCESSWIRE / December 31, 2024 / 1847 Holdings LLC (NYSE:EFSH) ("1847 Holdings" or the "Company"), today provided the following letter to shareholders from the Company's CEO, Ellery Roberts:To our valued shareholders,As 2024 draws to a close, I am pleased to reflect on what we view as a transformative year for 1847 Holdings, as we executed a series of strategic initiatives designed to position the Company for sustained growth and maximize shareholder value over the long term.A cornerstone of our growth strategy has been identifying and acquiring businesses that we believe have compelling cash earnings potential at attractive valuations. We strive to consistently target acquisi

Acquisition Adds $33.1 Million in Revenue and $10.4 Million in Net IncomeTransaction Highlights 1847's Proven Business Model and Positions the Company for Sustained Profitability and Strong Cash Flow NEW YORK, NY / ACCESSWIRE / December 17, 2024 / 1847 Holdings LLC (NYSE:EFSH) ("1847 Holdings" or the "Company"), today announced the successful closing of its acquisition of CMD Inc. ("CMD"), a Las Vegas-based cabinetry, millwork and door manufacturer, with trailing twelve-month (TTM) revenues of $33.1 million and net income of $10.4 million as of October 31, 2024. The acquisition was completed for approximately $18.75 million, representing a highly accretive transaction for 1847.Ellery W. Robe

NEW YORK, NY / ACCESSWIRE / December 13, 2024 / 1847 Holdings LLC (NYSE:EFSH) ("1847 Holdings" or the "Company"), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, announced today a private placement for gross proceeds of $11.42 million, prior to deducting placement agent fees and other expenses payable by the Company.The proceeds from the private placement are exclusively intended to fund the previously announced planned acquisition of a millwork, cabinetry, and door manufacturer. As previously reported, the millwork, cabinetry, and door manufacturer, based in Las Vegas, Nevada, had unaudited revenue of $33.1 million

NEW YORK, NY / ACCESSWIRE / November 15, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided further detail on the previously announced, successful sale of High Mountain Door & Trim Inc. ("HMDT"), a division of 1847 Cabinets, to Builders FirstSource, Inc., the largest U.S. supplier of building products, prefabricated components, and value-added services to the professional market segment for new residential construction and repair and remodeling. The Company reports it completed the sale for approximately $17 million, more than double the orig

NEW YORK, NY / ACCESSWIRE / November 1, 2024 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today announced that it will effect a 1-for-15 reverse split ("reverse split") of its common shares that will become effective on November 11, 2024.1847's common shares will continue to trade on NYSE American under the symbol "EFSH" and will begin trading on a split-adjusted basis when the market opens on November 11, 2024. The new CUSIP number for the common shares following the reverse split will be 28252B853. The reverse split will reduce the number of outstanding c

Achieves Approximately 4% Sequential Increase in Revenue for Q2 2024 Compared to Q1 2024Gross profit was $6.7M in Q2 2024 compared to $5.9M in Q2 2023, a 14.2% year-over-year increase NEW YORK, NY / ACCESSWIRE / August 19, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided a business update and reported financial results for the second quarter ended June 30, 2024.Mr. Ellery W. Roberts, CEO of 1847 Holdings, commented, "In Q2 2024, we achieved approximately 4% sequential revenue growth and a 14.2% year-over-year increase in gross profit, highl

NEW YORK, NY / ACCESSWIRE / August 8, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today announced that it has been working with its senior secured lender to sell all or substantially all of the assets of its ICU Eyewear business. On August 5, 2024, the Company received notice from its senior secured lender that a private sale of the assets (constituting the collateral under the lender's loan) occurred on such date pursuant to a bill of sale. As a result of the lender's private sale of all or substantially all of the assets of the ICU Eyewear business

NEW YORK, NY / ACCESSWIRE / July 31, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided an update on the status of the proposed sale of a division of 1847 Cabinets Inc.Mr. Ellery W. Roberts, CEO of 1847 Holdings, commented, "We are making progress on the sale of a division of 1847 Cabinets. The financing contingency from the Letter of Intent was recently removed and we anticipate closing the transaction by mid-September 2024. This sale is a key strategic move for 1847, demonstrating our ability to acquire, operate, and enhance the value of as

NEW YORK, NY / ACCESSWIRE / June 27, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today announced that it will effect a 1-for-13 reverse split ("reverse split") of its common shares that will become effective on July 8, 2024.1847's common shares will continue to trade on NYSE American under the symbol "EFSH" and will begin trading on a split-adjusted basis when the market opens on July 8, 2024. The new CUSIP number for the common shares following the reverse split will be 28252B861. The reverse split will reduce the number of outstanding shares of the

NEW YORK, NY / ACCESSWIRE / June 10, 2024 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided an update on its ongoing business activities and strategic initiatives.Ellery W. Roberts, CEO of 1847 Holdings, commented, "We remain on track with several potentially transformative strategic transactions. Specifically, we are nearing completion of a definitive agreement to acquire a prominent millwork, cabinetry, and door manufacturer. This target achieved revenues of $28.6 million and significant cash flow in 2023. Moreover, as previously disclosed, we n

NEW YORK, NY / ACCESSWIRE / May 28, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided a business update on its pending strategic transactions.Ellery W. Roberts, CEO of 1847 Holdings, commented, "Following a strong first quarter, in which we achieved solid revenue growth and successfully divested Asien's Appliance, I am pleased to report we are making continued progress on a series of additional strategic initiatives expected to significantly enhance shareholder value. As an example, we are rapidly advancing towards finalizing our definitive

Gross profit increases 13.3% in Q1 2024 vs Q1 2023 NEW YORK, NY / ACCESSWIRE / May 16, 2024 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided a business update and reported financial results for the first quarter ended March 31, 2024.Q1 2024 Key HighlightsTotal Revenue was $14.9M in Q1 2024 compared to $13.0M in Q1 2023, a 15.0% year-over-year increaseGross profit was $5.6M in Q1 2024 compared to $4.9M in Q1 2023, a 13.3% year-over-year increaseExecuted Letter of Intent to Sell 1847 Cabinets Inc. for $27.6 MillionExecuted non-binding LOI to acqui

NEW YORK, NY / ACCESSWIRE / May 6, 2024 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today reports it has re-engaged Shareholder Intelligence Services, LLC ("ShareIntel") to utilize their patented, proprietary service offerings to obtain share trading analytic metrics designed to help coordinate, monitor and enhance corporate governance, shareholder communication, regulatory compliance and surveillance of trading in the Company's shares in an effort to allow Company to better monitor trading activity, including potential violations of SEC Regulation SHO, wh

NEW YORK, NY / ACCESSWIRE / April 29, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided an update on the sale of 1847 Cabinets Inc.As previously announced on April 23, 2024, the Company executed a non-binding Letter of Intent ("LOI") with a prospective strategic buyer to sell all of the assets of 1847 Cabinets Inc. ("1847 Cabinets"). Under the terms of the LOI, the buyer has proposed an enterprise value of $27.6 million for the acquisition of all of the assets of 1847 Cabinets, including $11.5 million in earn-out payments over a three-year p

Gross profit increases 99.8% in Q4 2023 vs Q4 2022NEW YORK, NY / ACCESSWIRE / April 17, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today provided a business update and reported financial results for the year-ended December 31, 2023.Key Financial HighlightsTotal Revenue was $15.1M in Q4 2023 compared to $9.5M in Q4 2022, a 59.2% year-over-year increaseGross profit was $2.7M in Q4 2023 compared to $1.4M in Q4 2022, a 99.8% year-over-year increaseGross margin increased 370 basis points to 18.2% in Q4 2023, compared to 14.5% for the same period last yea

NEW YORK, NY / ACCESSWIRE / April 8, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today announced the execution of a non-binding Letter of Intent to acquire a large, established millwork, cabinetry and door manufacturer based in Las Vegas, NV.The Las Vegas-based target generated approximately $28.6 million in revenues (unaudited), approximately $4.5 million in net income (unaudited) and approximately $5.2 million in adjusted EBITDA (unaudited) in 2023 and currently has almost a year's worth of contracted backlog booked for 2024. The purchase price for

NEW YORK, NY / ACCESSWIRE / March 26, 2024 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, reminds shareholders to visit the Company's website at https://portal.1847holdings.com/login, if you would like to receive an electronic copy of your Schedule K-1.If you do not register to receive a copy of the Schedule K-1 electronically, a hard copy of your Schedule K-1 will be mailed to the address on record. For more information, please email accounting@1847holdings.com.Additionally, the Company urges sharehold

NEW YORK, NY / ACCESSWIRE / March 26, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, filed a Request for Withdrawal with the SEC on March 22, 2024 relating to withdrawal of the Company's Registration Statement on Form S-3, filed with the Commission on February 1, 2023.The registration statement, which covered shares issuable upon the exercise of a warrant that was declared as a dividend, is no longer needed because those shares may now be issued under an exemption from the registration requirements of the Securities Act. The Company confirms that no sha

Increases Store Count with its Largest Retail Partner to over 2200 StoresNEW YORK, NY / ACCESSWIRE / March 11, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that its subsidiary, ICU Eyewear Holdings Inc. ("ICU"), has made significant advancements in its growth strategies expected to be realized throughout 2024.Committed to fostering both immediate and long-term growth, ICU has strategically focused on cultivating opportunities in key channels including Gift, Program, and Sports, a

Rebranding Initiative Part of Planned Spin-Off of 1847 CabinetsNEW YORK, NY / ACCESSWIRE / February 29, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today the launch of its rebranding initiative of its subsidiary 1847 Cabinets Inc., a designer, manufacturer and installer of cabinets, doors and millwork for residential construction. The brand will now be doing business as Signature Home Craft.Mr. Ellery W. Roberts, CEO of 1847, commented, "We believe that consolidating 1847 Cabinets' en

NEW YORK, NY / ACCESSWIRE / February 26, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today that its subsidiary 1847 Cabinets Inc., a designer, manufacturer and installer of cabinets, doors and millwork for residential construction, has engaged Spartan Capital Securities, LLC ("Spartan"), a U.S. investment bank, to support a planned $10 million IPO and spin-off transaction for 1847 Cabinets Inc. Assuming a successful transaction, 1847 Cabinets would become a standalone publicly traded

NEW YORK, NY / ACCESSWIRE / February 20, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced its decision to divest of its subsidiary, 1847 Asien Inc. ("1847 Asien"), which provides a wide variety of appliance services, as part of its strategic realignment and focus on core operations.The decision to dispose of 1847 Asien comes after a comprehensive review of 1847 Holdings' portfolio and strategic objectives. The divestiture aligns with 1847 Holdings' commitment to optimizing its resources and enh

NEW YORK, NY / ACCESSWIRE / February 12, 2024 / 1847 Holdings LLC (NYSE:EFSH) ("1847 Holdings" or the "Company"), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has restated the financial results of its subsidiary ICU Eyewear Holdings, Inc. ("ICU") for the fiscal years ending December 31, 2021 and December 31, 2022. The financial impact of the restatement on ICU was a decrease in loss from operations of approximately $3.6 million for the year ended December 31, 2022, and an increase in total assets of $642,000, as well as a decrease in

NEW YORK, NY / ACCESSWIRE / January 24, 2024 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has secured a $750,000 credit facility for its Wolo Manufacturing Corp. ("Wolo") subsidiary.Wolo is a leading manufacturer and distributor of vehicle horns and safety products (electric, air, truck, marine, motorcycle and industrial equipment), and offers vehicle emergency and safety warning lights for cars, trucks, industrial equipment and emergency vehicles.Mr. Ellery W. Roberts, CEO of 1847, comm

Reverse Split is a Key Element of Company's Strategic Initiatives as It Prepares for Next Generation of Its Acquisition FinancingsNEW YORK, NY / ACCESSWIRE / December 27, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it will effect a 1-for-4 reverse split ("reverse split") of its common shares that will become effective on January 8, 2024. 1847's common shares will continue to trade on NYSE American under the symbol "EFSH" and will begin trading on a split-adjusted basis when

Gross profit increases 64.9% compared to the same period last yearNEW YORK, NY / ACCESSWIRE / November 14, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today provided a business update and reported financial results for the three months ended September 30, 2023.Q3 2023 Highlights and Subsequent EventsTotal revenue was $18.8M for Q3 2023 compared to $14.5M in Q3 2022, a 29.8% year-over-year increaseGross profit was $8.0M in Q3 2023 compared to $4.9M in Q3 2022, a 64.9% year-over-year increase1847

Expected to Generate Approximately $2 Million of Additional Annual RevenueNEW YORK, NY / ACCESSWIRE / November 1, 2023 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that its subsidiary, 1847 Cabinets Inc., a designer, manufacturer and installer of cabinets, doors and millwork for residential construction, has entered into an expanded agreement with one of the nation's largest homebuilders, as its exclusive provider of windows for all new residential construction projects in the Reno, Nevada, metro

NEW YORK, NY / ACCESSWIRE / October 3, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that on October 2, 2023, the Company received written notice from the NYSE American LLC stating that the Company has regained compliance with the continued listing standards set forth in Part 10 of the NYSE American Company Guide.Mr. Ellery W. Roberts, CEO of 1847, commented, "We are pleased to have regained compliance with the NYSE American's continued listing standards, and remain focused on the continued

NEW YORK, NY / ACCESSWIRE / September 18, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced it has engaged Spartan Capital Securities LLC, a U.S. investment bank, to assist the Company in exploring a range of strategic alternatives aimed at enhancing shareholder value. Among the options being considered is the potential for the Company to go private."This move underscores our unwavering commitment to delivering maximum value for our shareholders," said Ellery W. Roberts, CEO of 1847. "While we a

NEW YORK, NY / ACCESSWIRE / September 12, 2023 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that its subsidiaries, 1847 ICU Holdings Inc., its subsidiary, ICU Eyewear Holdings, Inc. and its operating subsidiary, ICU Eyewear, Inc., (collectively, "ICU"), have successfully replaced their revolving loan with a new lender, increasing the borrowing capacity from $5 million to $15 million and extending the maturity of the revolving loan to September 11, 2026.Mr. Ellery W. Roberts, CEO of 1847, commente

Previously announced reverse spit expected to cure deficiencyNEW YORK, NY / ACCESSWIRE / September 5, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it had received a deficiency letter ("Letter") from NYSE American LLC ("NYSE American") on August 31, 2023 stating that the Company is not in compliance with the continued listing standards as set forth in Section 1003(f)(v) of the NYSE American Company Guide ("Company Guide").The Letter stated that because the Company's common sh

Company's Stock Split Intended to Maintain NYSE Compliance, Reduce Float and Attract a Broader Universe of InvestorsNEW YORK, NY / ACCESSWIRE / September 1, 2023 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it will effect a 1-for-25 reverse stock split ("reverse split") of its common shares that will become effective on September 11, 2023. 1847's common shares will continue to trade on NYSE American under the symbol "EFSH" and will begin trading on a split-adjusted basis when the

NEW YORK, NY / ACCESSWIRE / September 1, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that its subsidiary, Wolo Manufacturing Corp. ("Wolo"), has expanded into India through the Company's supply chain diversification program, which is designed to assist 1847's portfolio companies build a more resilient and sustainable supply chain.Wolo is a leading manufacturer and distributor of vehicle horns and safety products (electric, air, truck, marine, motorcycle and industrial equipment)

NEW YORK, Aug. 31, 2023 (GLOBE NEWSWIRE) -- 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has successfully restructured all of its Promissory Notes, with two institutional investors, totaling approximately $1.75 million outstanding.  Based on the agreements with the investors, the Promissory Notes are no longer convertible to equity, as long as they are repaid by the Company over a 12 month amortization schedule. Mr. Ellery W. Roberts, CEO of 1847, commented, "Restructuri

Projected cash flow expected to support the Company's growth going forwardNEW YORK, NY / ACCESSWIRE / August 31, 2023 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has successfully restructured all of its Promissory Notes, with two institutional investors, totaling approximately $1.75 million outstanding. Based on the agreements with the investors, the Promissory Notes are no longer convertible to equity, as long as they are repaid by the Company over a 12 month amortization sch

Acquisition to be Funded without the Issuance of Any Common Stock or Dilutive EquityEgan-Jones Affirms BBB+ Rating on Company's Senior Credit FacilityNEW YORK, NY / ACCESSWIRE / August 30, 2023 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has signed a definitive agreement to a acquire a premier consumer products company in the United States (the "Target").The Target generated unaudited revenue in excess of $20 million and positive EBITDA in 2022. The acquisition is expected to

NEW YORK, NY / ACCESSWIRE / August 25, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced its plan to seek a non-dilutive restructuring of certain of its outstanding convertible debt to help defray potential detrimental effect that recent conversions and sales have had on its stock price.Management believes that there may be a detrimental effect on the market price of the Company's common shares caused by the conversion of certain defaulted promissory notes and sale of the underlying c

NEW YORK, NY / ACCESSWIRE / August 14, 2023 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today provided a report on its ongoing investigation into potentially improper and/or illegal trading activities, including naked short selling, of the Company's common stock.On November 3, 2022, the Company engaged Shareholder Intelligence Services, LLC ("ShareIntel") to utilize their patented, proprietary service offerings to obtain share trading analytic metrics designed to help coordinate, monitor and enhance

Gross profit increases 37.9% compared to the same period last yearRevenue increases 25.8% sequentially for the second quarter of 2023Reaffirms guidance for revenue in excess of $90 millionNEW YORK, NY / ACCESSWIRE / August 14, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today provided a business update and reported financial results for the three months ended June 30, 2023.Q2 2023 Highlights and Subsequent EventsTotal revenue was $19.4M for Q2 2023 compared to $12.9M in Q2 2022, a 50.4% year-ov

NEW YORK, NY / ACCESSWIRE / August 14, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has closed an unsecured debt financing with certain institutional and other accredited investors ("Investors").The Company issued to the Investors 20% OID subordinated promissory notes ("Notes") in the aggregate principal amount of $3,125,000 and warrants for the purchase of an aggregate of 4,098,361 common shares for a total purchase price of $2,500,000 in a private placement transaction.

NEW YORK, NY / ACCESSWIRE / August 9, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today that it plans to provide a business update and file the Company's quarterly report on Form 10-Q for the second quarter ended June 30, 2023 with the Securities and Exchange Commission after the market close on August 14, 2023.About 1847 Holdings LLC1847 Holdings LLC (NYSE:EFSH), a publicly traded diversified acquisition holding company, was founded by Ellery W. Roberts, a former partner of Parallel

NEW YORK, NY / ACCESSWIRE / July 27, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today that its subsidiary, 1847 Asien Inc. ("1847 Asien"), which provides a wide variety of appliance services, has engaged Spartan Capital Securities LLC, a U.S. investment bank, to evaluate strategic options, including a potential sale, spin-off or other strategic transaction in order to capitalize on its internal growth and favorable outlook for the business.1847 Asien's business has operated since 194

Accelerated Growth Illustrates Success of "Buy-and-Build" Strategy Across the PortfolioStrategically Expanding into New, High Margin Product Categories Including Custom ClosetsNEW YORK, NY / ACCESSWIRE / July 25, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today provided an update on its 1847 Cabinet Inc. subsidiary, which acquired Kyle's Custom Wood Shop, Inc. in September 2020.Mr. Ellery W. Roberts, CEO of 1847 Holdings, commented, "While the High Mountain Door and Trim and Innovative Cabinet

Reaffirming 2023 revenue guidance to exceed $90 millionNEW YORK, NY / ACCESSWIRE / July 10, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today provided preliminary revenue guidance for the second quarter of 2023. The Company currently projects revenue for the second quarter of 2023 of approximately $20 million, representing year-over-year growth of 54% vs the second quarter 2022. Revenue projections for the second quarter of 2023 have not been reviewed or audited.Mr. Ellery W. Roberts, CEO of 18

Gross profit increases 35.0% compared to the same period last yearReaffirms guidance for revenue in excess of $90 millionNEW YORK, NY / ACCESSWIRE / May 15, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today provided a business update and reported financial results for the three months ended March 31, 2023.Q1 2023 Highlights and Subsequent EventsTotal revenue was $15.4M for Q1 2023 compared to $12.1M in Q1 2022, a 27.6% increase year-over-yearGross profit was $5.8M in Q1 2023 compared to $4.3M i

NEW YORK, NY / ACCESSWIRE / April 28, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has engaged Minneapolis-based creative and strategy agency, Griffin Archer, to develop and execute marketing campaigns on behalf of its operating subsidiaries.Griffin Archer will lead brand planning, creative development, media and public relations across all communication channels.Mr. Ellery W. Roberts, CEO of 1847, commented, "We are excited to partner with Griffin Archer to create conten

NEW YORK, NY / ACCESSWIRE / April 25, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that its subsidiary, ICU Eyewear Holdings Inc. ("ICU"), has entered into a letter of intent for a $15.0 million revolving credit line facility with an asset-based lender to fund ICU's growth. The establishment of the credit facility is subject to the completion of due diligence by the lender and the entry into a definitive credit agreement and related documents and the satisfaction of all condition

NEW YORK, NY / ACCESSWIRE / April 14, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that its subsidiary, ICU Eyewear Holdings Inc. ("ICU"), has secured a large purchase order for personal care products with a major supermarket chain based in Florida, valued at over $260,000.1847 acquired ICU, a leading designer of Over-the-Counter (OTC), non-prescription reading glasses, sunglasses, blue light blocking eyewear, sun readers and outdoor specialty sunglasses in February 2023. In 2020

NEW YORK, NY / ACCESSWIRE / April 11, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, reminds shareholders to visit the Company's website at www.1847holdings.com/tax-information, if you would like to receive an electronic copy of your Schedule K-1. If you do not provide this information, a hard copy of your Schedule K-1 will be mailed to the address on record.Additionally, the Company urges shareholders to contact their brokerage firm and update their information, including email and address in ord

Raises guidance for 2023 and now projects revenue in excess of $90 millionNEW YORK, NY / ACCESSWIRE / March 31, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today provided a business update and reported financial results for the year ended December 31, 2022.Fiscal 2022 Highlights and Subsequent EventsTotal revenue was $48.9M in 2022 compared to $30.7M in 2021, a 59.6% increase year-over-yearGross profit was $15.7M in 2022 compared to $10.6M in 2021, a 48.7% increase year-over-yearDeclared a divi

NEW YORK, NY / ACCESSWIRE / February 28, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has closed an unsecured debt financing with Mast Hill Fund. The Company issued to Mast Hill Fund a promissory note in the aggregate principal amount of $878,000, which includes an original issue discount in the amount of $87,800, five-year warrant for the purchase of an aggregate of 182,917 common shares of the Company at an exercise price of $4.20 per share (subject to adjustment), whic

NEW YORK, NY / ACCESSWIRE / January 23, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, provides an update on the previously announced issued dividend in the form of warrants to purchase the Company's common shares at $4.20 per common share.Ellery W. Roberts, CEO and Chairman of the Board of the Company, commented, "We believe that issuing this special warrant dividend to our loyal shareholders may help to expose those who may have participated in what we believe to be market manipulation relating

Goal to maximize value for 1847 Holdings' shareholders based on the internal growth and outlook for 1847 CabinetsNEW YORK, NY / ACCESSWIRE / January 11, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today that its subsidiary 1847 Cabinets Inc., a designer, manufacturer and installer of cabinets, doors and millwork for residential construction, has engaged ThinkEquity, a U.S. investment bank, to evaluate strategic options, including a potential sale, spin-off or other strategic transacti

NEW YORK, NY / ACCESSWIRE / January 9, 2023 / 1847 Holdings LLC ("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced today that its Board of Directors has formally issued the previously announced dividend in the form of warrants to purchase the Company's common shares at $4.20 per common share. The warrants were issued on January 3, 2023 to shareholders of record on December 23, 2022. In connection with the issuance of the dividend, the Company has engaged VStock Transfer, LLC, the Company's transfer agent, to act as

Transaction expected to be highly accretive with projected EBITDA of $2 million in 2022; no equity dilution in connection with either the acquisition of financingNEW YORK, NY / ACCESSWIRE / January 3, 2023 / 1847 Holdings LLC("1847" or the "Company") (NYSE:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced that it has entered into a letter of intent for a $5.0 million revolving credit line facility with an asset based lender to finance the previously announced acquisition of ICU Eyewear Holdings Inc. ("ICU"), a leading designer of Over-the-C