---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-072497"
form_type: "8-K"
ticker: "LBRA"
cik: "0001599407"
company_name: "1847 Holdings LLC"
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T01:13:44.547885+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 1847 Holdings to acquire Master Cutlery with $20M+ revenue, no equity issued

## Summary
- Purchase price: $1.00 plus up to $4.5M in assumed debt and transaction expenses.
- Master Cutlery had unaudited revenue >$20M and positive EBITDA in 2022; supplies knives with 17 brands and 2,600+ SKUs.
- Acquisition funded without issuing common stock or dilutive equity; expected close before end of Q3 2023.
- CEO notes convertible note restructuring underway; potential future dividends and stock buybacks.
- Egan-Jones affirmed BB+ rating on 1847's senior credit facility; CEO has been buying shares in open market.

## SEC filing metadata
- accession: 0001213900-23-072497
- form_type: 8-K
- ticker: LBRA
- cik: 0001599407
- company_name: 1847 Holdings LLC
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599407/000121390023072497/0001213900-23-072497-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599407/000121390023072497/ea184500-8k_1847hold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-072497
- JSON: https://secwatch.observer/filing/0001213900-23-072497.json
- Plain text: https://secwatch.observer/filing/0001213900-23-072497.txt

## Key facts
- Material Agreements
  1847 Holdings LLC entered into Securities Purchase Agreement with MC Parent, LLC and certain other parties set forth in the Agreement (each a "Seller") valued at $4,500,000 (effective 2023-08-28).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: MC Parent, LLC and certain other parties set forth in the Agreement (each a "Seller")
  - Value: $4,500,000
  - Effective: 2023-08-28
  source text: On August 28, 2023, 1847 Holdings LLC, a Delaware limited liability company (the “Company”) entered into a Securities Purchase Agreement (the “Agreement”) with MC Parent, LLC, a Delaware limited liability company (“Master Cutlery”) and certain other parties set forth in the Agreement (each a “Seller”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390023072497/0001213900-23-072497-index.htm

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