---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-045455"
form_type: "8-K"
ticker: "LBRA"
cik: "0001599407"
company_name: "1847 Holdings LLC"
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:49:16.493135+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 1847 Holdings raises $5.2M net in public offering, converts $5.4M debt/liabilities to equity, expands board to 7

## Summary
- Public offering of 1,428,572 shares at $4.20/share; gross proceeds $6M, net ~$5.2M; reps' warrants for 71,430 shares at $5.25.
- Converted $3.36M of subordinated notes held by Parkey and Garcia-Rendon into 800,000 common shares.
- Converted $797,221 promissory note from Mallatt into 189,815 shares; $1.197M accounts payable from Bevilacqua PLLC into 285,067 shares.
- Board expanded from 3 to 7; appointed Clark R. Crosnoe, Tracy S. Harris, Glyn C. Milburn, and Lawrence X. Taylor as independent directors.
- Each new director receives $35k annual fee plus $35k equity grant; indemnification agreements executed.

## SEC filing metadata
- accession: 0001213900-22-045455
- form_type: 8-K
- ticker: LBRA
- cik: 0001599407
- company_name: 1847 Holdings LLC
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599407/000121390022045455/0001213900-22-045455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599407/000121390022045455/ea163965-8k_1847hold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-045455
- JSON: https://secwatch.observer/filing/0001213900-22-045455.json
- Plain text: https://secwatch.observer/filing/0001213900-22-045455.txt

## Key facts
- Executive change
  Tracy S. Harris was appointed as Director at 1847 Holdings LLC.
  - Action: appointed
  - Role: Director
  source text: Effective as of August 2, 2022, the board of directors of the Company increased the size of the board from three to seven members and appointed Clark R. Crosnoe, Tracy S. Harris, Glyn C. Milburn and Lawrence X. Taylor to the board of directors to fill the vacancies created by such increase.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390022045455/0001213900-22-045455-index.htm
- Executive change
  Glyn C. Milburn was appointed as Director at 1847 Holdings LLC.
  - Action: appointed
  - Role: Director
  source text: Effective as of August 2, 2022, the board of directors of the Company increased the size of the board from three to seven members and appointed Clark R. Crosnoe, Tracy S. Harris, Glyn C. Milburn and Lawrence X. Taylor to the board of directors to fill the vacancies created by such increase.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390022045455/0001213900-22-045455-index.htm
- Executive change
  Lawrence X. Taylor was appointed as Director at 1847 Holdings LLC.
  - Action: appointed
  - Role: Director
  source text: Effective as of August 2, 2022, the board of directors of the Company increased the size of the board from three to seven members and appointed Clark R. Crosnoe, Tracy S. Harris, Glyn C. Milburn and Lawrence X. Taylor to the board of directors to fill the vacancies created by such increase.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390022045455/0001213900-22-045455-index.htm
- Executive change
  Clark R. Crosnoe was appointed as Director at 1847 Holdings LLC.
  - Action: appointed
  - Role: Director
  source text: Effective as of August 2, 2022, the board of directors of the Company increased the size of the board from three to seven members and appointed Clark R. Crosnoe, Tracy S. Harris, Glyn C. Milburn and Lawrence X. Taylor to the board of directors to fill the vacancies created by such increase.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390022045455/0001213900-22-045455-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.