1847 Holdings LLC

General Information

(Note: 1847 Holdings LLC priced its public offering – conducted in conjunction with its NYSE-American uplisting – on Aug. 2, 2022, at $4.20 – the low end of its $4.20-to-$6.20 range – on 1.43 million shares (1,428,572 common shares) to raise $6 million. The stock started trading on the NYSE – American exchange on Aug. 3, 2022.)

(Note: This is NOT an IPO. This is an NYSE American uplisting – and in conjunction with the uplisting, this is a public offering of 1.44 million shares from the OTCQB, where the stock’s last closing sale price was $1.85 on July 8, 2022. The NYSE American approved the shares for uplisting with trading to start on Aug. 2, 2022. The deal’s size was cut to 1.44 million shares, down from 2.31 million shares, and the price range was kept at $4.20 to $6.20, in an S-1/A filing dated July 27, 2022.) 

1847 Holdings LLC is an acquisition holding company focused on acquiring and managing a group of small businesses, which they characterize as those that have an enterprise value of less than $50 million, in a variety of different industries headquartered in North America. To date, they have completed six acquisitions and subsequently spun off two of the acquired companies.

Through their structure, 1847 Holdings offers investors an opportunity to participate in the ownership and growth of a portfolio of businesses that traditionally have been owned and managed by private equity firms, private individuals or families, financial institutions, or large conglomerates. The Company believes that its management and acquisition strategies will allow it to achieve its goals to make and grow regular distributions to its common shareholders and to increase common shareholder value over time. 1847 Holdings seeks to acquire controlling interests in small businesses that they believe operate in industries with long-term macroeconomic growth opportunities, and that have positive and stable earnings and cash flow.

Industry: Acquisition of Small Businesses
Founded: 2013
Contact Information
Address 590 Madison Avenue, 21st Floor New York, NY 10022
Phone Number (212) 417-9800
Web Address http://www.1847holdings.com/
View Prospectus: 1847 Holdings LLC
Financial Information
Market Cap $18.51mil
Revenues $30.66 mil (last 12 months)
Net Income $-3.59 mil (last 12 months)
IPO Profile
Symbol EFSH
Exchange NYSE - American
Shares (millions): 1.4
Price range $4.20 - $4.20
Est. $ Volume $6.0 mil
Manager / Joint Managers Craft Capital Management/ R.F. Lafferty & Co.
Expected To Trade: 8/3/2022
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change