regulatory
confidence high
sentiment negative
materiality 0.85
NYSE American initiates delisting of 1847 Holdings; trading suspended pending review
1847 Holdings LLC
- NYSE American notified 1847 on April 3, 2025 of delisting due to low share price under Section 1003(f)(v).
- Trading of common shares (EFSH) suspended on April 3; company will request review by April 10, 2025.
- Delisting review may take up to 90 days; if upheld, NYSE will file Form 25 to deregister shares.
- Also on April 2, 2025, parties waived working capital adjustment for $18.75M CMD Companies acquisition.
- Amendment No. 3 eliminates any post-closing Purchase Price adjustment and working capital note.