---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-015036"
form_type: "8-K"
ticker: "LBRA"
cik: "0001599407"
company_name: "1847 Holdings LLC"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T22:11:25.793279+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# 1847 Holdings raises $790K via 12% note with Mast Hill Fund; warrants issued

## Summary
- Issued $878,000 promissory note (net $790,200 after OID) to Mast Hill Fund, L.P., bearing 12% interest, maturing Feb 22, 2024.
- Monthly payments of ~$87,800 plus accrued interest begin May 22, 2023; prepayment allowed with $750 fee.
- Issued five-year warrants: 182,917 shares at $4.20 and 198,343 shares at $0.01 per share.
- Note convertible upon default at lower of $4.20 or 80% of 5-day VWAP (floor $0.03); warrants have price-based anti-dilution adjustments.
- Company must hold shareholder meeting within 90 days to approve issuance; max 930,661 shares (19.99% of outstanding) issuable before approval.

## SEC filing metadata
- accession: 0001213900-23-015036
- form_type: 8-K
- ticker: LBRA
- cik: 0001599407
- company_name: 1847 Holdings LLC
- filed_at: 2023-02-28T23:59:59+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/1599407/000121390023015036/0001213900-23-015036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599407/000121390023015036/ea174349-8k_1847hold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-015036
- JSON: https://secwatch.observer/filing/0001213900-23-015036.json
- Plain text: https://secwatch.observer/filing/0001213900-23-015036.txt

## Key facts
- Debt Financings
  1847 Holdings LLC incurred loan of $878,000 with Mast Hill Fund, L.P. at 12% per annum maturing February 22, 2024.
  - Instrument: loan
  - Principal: $878,000
  - Counterparty: Mast Hill Fund, L.P.
  - Rate: 12% per annum
  - Maturity: February 22, 2024
  - Event: incurrence
  source text: On February 22, 2023, 1847 Holdings LLC (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with Mast Hill Fund, L.P. (the “ Purchaser ”), pursuant to which the Company issued to the Purchaser (i) a promissory note in the principal amount of $878,000, which includes an original issue discount in the amount of $87,800 (the “ Note ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390023015036/0001213900-23-015036-index.htm
- Material Agreements
  1847 Holdings LLC entered into Purchase Agreement with Mast Hill Fund, L.P. valued at $878,000 (effective 2023-02-22).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Mast Hill Fund, L.P.
  - Value: $878,000
  - Effective: 2023-02-22
  source text: On February 22, 2023, 1847 Holdings LLC (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with Mast Hill Fund, L.P. (the “ Purchaser ”), pursuant to which the Company issued to the Purchaser (i) a promissory note in the principal amount of $878,000, which includes an original issue discount in the amount of $87,800 (the “ Note ”), (ii) a five-year warrant for the purchase of 182,917 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 “ Base Warrant ”), and (iii) a five-year warrant for the purchase of 198,343 common shares of the Company at an exercise price of $0.01 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 “ Penny Warrant ,” and together with the Base Warrant, the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390023015036/0001213900-23-015036-index.htm

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