---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-067129"
form_type: "8-K"
ticker: "LBRA"
cik: "0001599407"
company_name: "1847 Holdings LLC"
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:23:43.919201+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# 1847 Holdings eliminates $4.2M debt via foreclosure sale of ICU Eyewear assets

## Summary
- Lender private sale of ICU Eyewear assets to ICU Eyecare Solutions for $4.25M cash on August 5, 2024.
- 1847 Holdings entered a 5-year non-compete agreement covering eyewear products and accessories.
- Approximately $4.2M of debt removed from the company's balance sheet as a result of the sale.
- CEO Ellery Roberts says divestiture strengthens financial position and enables focus on core operations.

## SEC filing metadata
- accession: 0001213900-24-067129
- form_type: 8-K
- ticker: LBRA
- cik: 0001599407
- company_name: 1847 Holdings LLC
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.01, 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599407/000121390024067129/0001213900-24-067129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599407/000121390024067129/ea0210906-8k_1847hold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-067129
- JSON: https://secwatch.observer/filing/0001213900-24-067129.json
- Plain text: https://secwatch.observer/filing/0001213900-24-067129.txt

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