secwatch.observer — SEC 8-K summary
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Issuer:     1847 Holdings LLC (LBRA)
CIK:        0001599407
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001213900-24-100174
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1847 Holdings Q3 net loss $5.6M; signs $18.75M acquisition target with $10.4M net income
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- Q3 2024 revenue $4.76M vs $4.68M YoY; operating loss widened to $3.41M from $1.21M.
- Net loss from continuing ops $5.56M vs $5.14M in prior-year quarter.
- Sold High Mountain Door & Trim for ~$17M (more than double purchase price); eliminated $4.8M in net liabilities from ICU Eyewear sale.
- Completed $11.1M public offering; eliminated $6.9M of debt from balance sheet.
- Definitive agreement to acquire a millwork/cabinetry/door maker with $33.1M revenue and $10.4M net income for ~$18.75M; closing by Dec 3, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1599407/000121390024100174/0001213900-24-100174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1599407/000121390024100174/ea0221880-8k_1847hold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-100174

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