secwatch.observer — SEC 8-K summary
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Issuer:     1847 Holdings LLC (LBRA)
CIK:        0001599407
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001213900-22-081964
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

1847 Holdings subsidiary acquires ICU Eyewear for $4M cash plus $500K notes
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- 1847 ICU (subsidiary) agrees to merge with ICU Eyewear; ICU Eyewear will survive as wholly owned.
- Total consideration: $4M cash (net of debt/expenses) plus $500K unsecured subordinated promissory notes.
- Notes subject to post-closing net working capital adjustment; issued on one-year merger anniversary.
- Closing conditions include completion of due diligence, regulatory approvals, financing, and third-party consents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1599407/000121390022081964/0001213900-22-081964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1599407/000121390022081964/ea170746-8k_1847hold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-081964

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer