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1847 Holdings LLC - EFSH STOCK NEWS

Welcome to our dedicated news page for 1847 Holdings (Ticker: EFSH), a resource for investors and traders seeking the latest updates and insights on 1847 Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect 1847 Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of 1847 Holdings's position in the market.

Rhea-AI Summary
1847 Holdings LLC (EFSH) announces the divestiture of its subsidiary, 1847 Asien Inc., to focus on core operations and enhance shareholder value.
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End-of-Day
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Rhea-AI Summary
1847 Holdings LLC (EFSH) has successfully closed a public offering of securities, raising $5.0 million in gross proceeds. The offering included 5,000,000 common shares and/or pre-funded warrants, priced at $1.00 per share. Spartan Capital Securities, LLC acted as the sole placement agent for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
27.34%
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offering
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Rhea-AI Summary
1847 Holdings LLC (EFSH) restates financial results of ICU Eyewear Holdings, Inc., reducing loss from operations by $3.6 million for 2022. CEO Ellery W. Roberts mentions positive demand and operating trends. Restatement due to overstatement of impairment of intangible asset.
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Rhea-AI Sentiment
End-of-Day
42.05%
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earnings
Rhea-AI Summary
1847 Holdings LLC (EFSH) announces a public offering of securities for gross proceeds of $5.0 million, including 5,000,000 common shares and/or pre-funded warrants. The offering is priced at $1.00 per share or warrant, with the warrants exercisable at $0.01 per share, aiming to prevent beneficial ownership exceeding 4.99% or 9.99% of outstanding shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
41.3%
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offering
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Rhea-AI Summary
1847 Holdings LLC (EFSH) secures a $750,000 credit facility for its subsidiary, Wolo Manufacturing Corp. Wolo is a leading manufacturer and distributor of vehicle horns and safety products, and the credit facility will empower Wolo with working capital to fulfill strong customer demand and increase its sales potential by 50% to 70% year-over-year in 2024.
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Rhea-AI Sentiment
End-of-Day
-3.4%
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Rhea-AI Summary
1847 Holdings LLC (EFSH) announces a 1-for-4 reverse split of its common shares effective on January 8, 2024, to tighten the public float and attract institutional and other investors. The reverse split will reduce the number of outstanding shares from approximately 3.43 million to 0.86 million and the float from approximately 3.40 million to 0.85 million shares.
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Rhea-AI Sentiment
End-of-Day
-11.54%
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Rhea-AI Summary
1847 Holdings LLC (EFSH) reports a 29.8% year-over-year increase in total revenue, reaching $18.8M for Q3 2023. Gross profit also surged by 64.9% compared to Q3 2022, amounting to $8.0M. The company expanded relationships with leading home builders, regained NYSE American listing compliance, and completed a $15 million credit facility refinancing. Additionally, they restructured promissory notes and affirmed a BB+ rating on their senior credit facility. CEO Ellery W. Roberts expects over 50% revenue growth in 2023 and plans to explore strategic options to maximize shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.01%
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earnings
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Rhea-AI Summary
1847 Holdings LLC, a unique holding company, announced that its subsidiary, 1847 Cabinets Inc., has entered into an expanded agreement with a national homebuilder to be its exclusive provider of windows for new residential construction projects in the Reno, Nevada area. The expanded relationship is expected to generate approximately $2 million of additional annual revenue.
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End-of-Day
-11.23%
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Rhea-AI Summary
1847 Holdings regains compliance with NYSE American's listing standards
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End-of-Day
3.03%
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Rhea-AI Summary
CEO of 1847 Holdings LLC, Ellery Roberts, to participate in 'Fireside Chat' for investors on September 25, 2023. He will discuss positive recent developments and the outlook for the business, as well as address shareholder questions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.71%
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conferences
1847 Holdings LLC

NYSE:EFSH

EFSH Rankings

EFSH Stock Data

7.24M
773.06k
2.25%
0.48%
6.75%
Administrative Management and General Management Consulting Services
Professional, Scientific, and Technical Services
Link
United States
New York

About EFSH

1847 holdings llc, through its subsidiaries, provides a range of products and services for agriculture, construction, lawn, and garden industries in north america. it operates through two segments, land management services, and retail and appliances. the land management services segment provides waste disposal and various agricultural services, such as manure spreading, land rolling, bin whipping, cleaning of bulk storage bins and silos, equipment rental, trucking, vacuuming, building erection, various shop, and other services to local agricultural and farming communities; and wholesales agricultural equipment and parts. the retail and appliances segment provides a range of appliance services, including sales, delivery/installation, in-home service and repair, extended warranties, and financing to homeowners, builders, and designers. the company also designs, builds, and installs custom cabinetry primarily for custom and semi-custom builders. 1847 partners llc serves as the manager of