---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-009818"
form_type: "8-K"
ticker: "LBRA"
cik: "0001599407"
company_name: "1847 Holdings LLC"
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T20:22:13.808297+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# 1847 Holdings raises $543,600 via 12% promissory notes with warrants and shares

## Summary
- Issued $604,000 aggregate principal notes (12% interest, due Feb 2024) to two accredited investors for $543,600 net.
- Issued five-year warrants for 125,833 common shares at $4.20/share; cashless exercise if market price exceeds exercise price.
- Issued 125,833 common shares as commitment fee; notes require monthly payments of $60,400 starting May 3, 2023.
- Notes are unsecured, senior to other unsecured debt; convertible upon default at formula price (minimum $0.03).
- Transaction includes piggy-back registration rights and ownership limitation at 4.99% for holders.

## SEC filing metadata
- accession: 0001213900-23-009818
- form_type: 8-K
- ticker: LBRA
- cik: 0001599407
- company_name: 1847 Holdings LLC
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599407/000121390023009818/0001213900-23-009818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599407/000121390023009818/ea173104-8k_1847hold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-009818
- JSON: https://secwatch.observer/filing/0001213900-23-009818.json
- Plain text: https://secwatch.observer/filing/0001213900-23-009818.txt

## Key facts
- Debt Financings
  1847 Holdings LLC incurred loan of $604,000 with two accredited investors at 12% per annum maturing February 3, 2024.
  - Instrument: loan
  - Principal: $604,000
  - Counterparty: two accredited investors
  - Rate: 12% per annum
  - Maturity: February 3, 2024
  - Event: incurrence
  source text: the Company issued to the Purchasers (i) promissory notes in the aggregate principal amount of $604,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390023009818/0001213900-23-009818-index.htm
- Material Agreements
  1847 Holdings LLC entered into Purchase Agreements with two accredited investors valued at total purchase price of $543,600 (effective 2022-02-03).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: two accredited investors
  - Value: total purchase price of $543,600
  - Effective: 2022-02-03
  source text: On February 3, 2022, 1847 Holdings LLC (the “ Company ”) entered into securities purchase agreements (the “ Purchase Agreements ”) with two accredited investors (the “ Purchasers ”), pursuant to which the Company issued to the Purchasers (i) promissory notes in the aggregate principal amount of $604,000, which include an original issue discount in the amount of $60,400 (the “ Notes ”), (ii) five-year warrants for the purchase of an aggregate of 125,833 common shares of the Company at an exercise price of $4.20 per share (subject to adjustment), which may be exercised on a cashless basis if the market price of the common shares is greater than the exercise price (the “ Warrants ”), and (iii) an aggregate of 125,833 common shares (the “ Shares ”) for a total purchase price of $543,600.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390023009818/0001213900-23-009818-index.htm

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