other_material
confidence high
sentiment positive
materiality 0.75
1847 Holdings transitions to OTCQB after NYSE American delisting; reaffirms 2025 revenue >$45M
1847 Holdings LLC
- NYSE American Panel upheld delisting on July 1, 2025; trading suspended since April 3, 2025.
- Company submitted application for OTCQB quotation; trading commencement date pending approval.
- Q1 2025 revenue growth >380% YoY; debt reduced via divestitures of High Mountain Door & Trim (~$17M) and ICU Eyewear.
- Reaffirms 2025 guidance: revenue >$45M, net income ~$1.3M; 2026 guidance: revenue >$60M, net income ~$5.0M.
item 3.01item 8.01item 9.01