secwatch.observer — SEC 8-K summary
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Issuer:     1847 Holdings LLC (LBRA)
CIK:        0001599407
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001213900-23-075059
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1847 Holdings extends defaulted promissory notes maturity to Aug 2024, pays 10% amendment fee
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- Extended maturity of three notes from Mast Hill and Leonite to Aug 31, 2024; monthly amortization payments begin Sep 30, 2023.
- Amendment fee of 10% of remaining principal paid within 1 business day (e.g., $21,932 on Mast Hill Feb 9 note).
- Holders agree not to convert notes as long as company makes monthly payments; previous defaults waived for 60 days.
- Mast Hill Feb 3 and Leonite Feb 3 notes fully converted and terminated; remaining balances restructured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1599407/000121390023075059/0001213900-23-075059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1599407/000121390023075059/ea184853-8k_1847hold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-075059

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