---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-043027"
form_type: "8-K"
ticker: "LBRA"
cik: "0001599407"
company_name: "1847 Holdings LLC"
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:50:14.762622+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# 1847 Holdings raises $500K via 20% OID note, 92,937 warrants at $2.69

## Summary
- Principal amount $625K with 20% OID; net proceeds $500K.
- Note due Aug 8, 2024; convertible on default at 90% of 5-day VWAP, floor $0.01.
- Warrants exercisable after 6 months at $2.69 for 5 years; cashless exercise option.
- Registration rights: file by May 31, 2024; effective within 90 days; 1%/mo penalty up to 10%.
- Spartan Capital as placement agent receives 8% warrant at $2.959 exercise price.

## SEC filing metadata
- accession: 0001213900-24-043027
- form_type: 8-K
- ticker: LBRA
- cik: 0001599407
- company_name: 1847 Holdings LLC
- filed_at: 2024-05-14T23:59:59+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/1599407/000121390024043027/0001213900-24-043027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599407/000121390024043027/ea0206119-8k_1847hol.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-043027
- JSON: https://secwatch.observer/filing/0001213900-24-043027.json
- Plain text: https://secwatch.observer/filing/0001213900-24-043027.txt

## Key facts
- Debt Financings
  1847 Holdings LLC incurred loan of $625,000 with an accredited investor at 20% OID maturing August 8, 2024.
  - Instrument: loan
  - Principal: $625,000
  - Counterparty: an accredited investor
  - Rate: 20% OID
  - Maturity: August 8, 2024
  - Event: incurrence
  source text: issued and sold to the Investor a 20% OID subordinated promissory note in the principal amount of $625,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390024043027/0001213900-24-043027-index.htm
- Material Agreements
  1847 Holdings LLC entered into Registration Rights Agreement with the Investor (effective 2024-05-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the Investor
  - Effective: 2024-05-08
  source text: In connection with the Private Placement, the Company also entered into a registration rights agreement with the Investor (the “ Registration Rights Agreement ”), pursuant to which the Company agreed to file a registration statement to register all common shares underlying the Note and the Warrant under the Securities Act of 1933, as amended, by May 31, 2024 and use its best efforts to cause such registration statement to be declared effective within ninety (90) days after the filing thereof.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390024043027/0001213900-24-043027-index.htm
- Material Agreements
  1847 Holdings LLC entered into Purchase Agreement with an accredited investor valued at $500,000 (effective 2024-05-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: an accredited investor
  - Value: $500,000
  - Effective: 2024-05-08
  source text: On May 8, 2024, 1847 Holdings LLC (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with an accredited investor (the “ Investor ”), pursuant to which the Company issued and sold to the Investor a 20% OID subordinated promissory note in the principal amount of $625,000 (the “ Note ”) and a warrant for the purchase of 92,937 common shares (the “ Warrant ”) for a total purchase price of $500,000 in a private placement transaction (the “ Private Placement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1599407/000121390024043027/0001213900-24-043027-index.htm

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