secwatch.observer — SEC 8-K summary
======================================

Issuer:     1847 Holdings LLC (LBRA)
CIK:        0001599407
Form:       8-K
Filed at:   2023-09-14T23:59:59+00:00
Accession:  0001213900-23-076706
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1847 Holdings subsidiary refinances with up to $15M revolver; parent provides limited guaranty
--------------------------------------------------------------------------------

- New lender Mountain Ridge Capital provides $15M revolving credit facility, maturing Sept 2026, replacing prior $5M facility.
- Initial advance of $4.22M used to pay off existing debt, fees, and working capital.
- Parent 1847 Holdings grants limited guaranty on certain Target Corp inventory, payable in cash or shares at $4.575/share floor.
- Interest rate: Term SOFR + 8% (or Base Rate + 7%); prepayment penalties range 1%-3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1599407/000121390023076706/0001213900-23-076706-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1599407/000121390023076706/ea185117-8k_1847hold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-076706

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer