other material
confidence high
sentiment neutral
materiality 0.50
1847 Holdings issues warrants as dividend; exercisable at $4.20 from Jan 2024
1847 Holdings LLC
- On Jan 3, 2023, 1847 Holdings entered a Warrant Agent Agreement with VStock Transfer for warrants issued as a dividend.
- Shareholders of record Dec 23, 2022 received one warrant per 10 common shares; each warrant buys one share at $4.20.
- Warrants exercisable from the later of Jan 3, 2024 or effective date of an S-3 registration statement; expire Jan 3, 2026.
- Company may redeem warrants at $0.001 per warrant with 30 days' notice, on a pro rata basis if partial.
- Warrants are unregistered, no cashless exercise; holders have no voting or dividend rights until exercise.