1847 Holdings LLC — fact timeline

1847 Holdings LLC reported first quarter ended March 31, 2026 results: revenue approximately $1.2 million, net income approximately $(3.8) million.

“financial performance,” concluded Mr. Roberts. Results from Continuing Operations Revenue from continuing operations for the first quarter of 2026 was approximately $1.2 million, compared to approximately $2.8 million in the prior-year period. The decrease was primarily attributable to lower revenue at Kyle’s and Wolo, reflecting the timing of new”

1847 Holdings LLC reported the year ended December 31, 2025 results: revenue $48.3 million, net income $66.5 million.

“Consolidated 2025 Financial Highlights: 2025 2024 Change Revenues $48.3 million $15.7 million +207% Gross Profit $23.9 million $7.8 million +208% Operating Income (Loss) $4.0 million $(12.0) million +$16.0 million Net Income (Loss) from Continuing Operations $66.5 million $(106.8) million +$173.3 million Total Adjusted EBITDA $9.8 million $(3.3) million +$13.1 million”

1847 Holdings LLC received a nyse_american delisting notice notice regarding minimum bid price (rules 1003(f)(v)).

“April 3, 2025, the Company received a notification letter from NYSE Regulation notifying the Company that it had determined to delist the Company’s common shares from NYSE American as it had determined that the Company is no longer suitable for listing pursuant to Section 1003(f)(v) of the NYSE American Company Guide due to the low selling price of the Company’s common shares. Under NYSE delisting procedures, the Company has a right to a review of this determination by the Listings Qualifications Panel of the Committee for Review of the Board of Directors of the Exchange by providing a written”

1847 Holdings LLC completed an acquisition involving The CD Trust for $18,750,000 (closed 2024-12-16).

“by the CMD Purchase Agreement was completed. Pursuant to the CMD Purchase Agreement, the Company acquired the CMD Companies for an aggregate purchase price of $18,750,000, consisting of $17,750,000 in cash (subject to adjustments) and $1,000,000 of a promissory note in the principal amount of $1,050,000 (collectively, the “ Purchase Price ”), the”

1847 Holdings LLC completed a disposition involving BFS Group LLC for $17,000,000 (closed 2024-09-30).

“of the Disposition was completed on September 30, 2024. Pursuant to the terms of the Purchase Agreement, the Buyer acquired HMDT for an aggregate cash only purchase price of $17,000,000, subject to certain pre-closing and post-closing adjustments (the “ Purchase Price ”). At closing, the Purchase Price was subject to a working capital adjustment and was also”

Eric Vandam was appointed as Chief Operating Officer at 1847 Holdings LLC.

“On August 16, 2024, the board of directors of 1847 Holdings LLC (the “Company”) appointed Eric Vandam as Chief Operating Officer of the Company.”

1847 Holdings LLC completed a disposition involving ICU Eyecare Solutions Inc. (ICU Solutions) for FOUR MILLION TWO HUNDRED AND FIFTY THOUSAND AND NO/100 DOLLARS ($4,250,000.00) (closed 2024-08-05).

“On August 5, 2024, ICU Eyecare Solutions Inc. (ICU Solutions), an entity that is not affiliated with the Company, was the successful bidder of the Asset Sale with a cash bid of FOUR MILLION TWO HUNDRED AND FIFTY THOUSAND AND NO/100 DOLLARS ($4,250,000.00) (the “Purchase Price”).”

1847 Holdings LLC reported the first quarter ended March 31, 2024 results: revenue $14,913,497.

“(PRESS RELEASE ISSUED ON MAY 16, 2024) --- EX-99.1 2 ea020614301ex99-1_1847hol.htm PRESS RELEASE ISSUED ON MAY 16, 2024 Exhibit 99.1 1847 Reports 15.0% Increase in Revenue to $14.9 Million for the First Quarter of 2024 Gross profit increases 13.3% in Q1 2024 vs Q1 2023 NEW YORK, NY / ACCESSWIRE / May 16, 2024 / 1847 Holdings LLC ("1847" or the "Company")”

1847 Holdings LLC incurred loan of $625,000 with an accredited investor at 20% OID maturing August 8, 2024.

“issued and sold to the Investor a 20% OID subordinated promissory note in the principal amount of $625,000”

1847 Holdings LLC entered into Registration Rights Agreement with the Investor (effective 2024-05-08).

“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.”

1847 Holdings LLC entered into Purchase Agreement with an accredited investor valued at $500,000 (effective 2024-05-08).

“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 ”).”

1847 Holdings LLC reported financial results for the year ended December 31, 2023.

“On April 17, 2024, 1847 Holdings LLC issued a press release regarding its financial results for the year ended December 31, 2023.”

1847 Holdings LLC entered into Securities Purchase Agreement with certain purchasers valued at Aggregate consideration of $5,000,000 in gross proceeds for 1,825,937 common shares and 3,174,063 pr (effective 2024-02-09).

“On February 9, 2024, 1847 Holdings LLC (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with certain purchasers (the “ Purchasers ”) and a placement agency agreement (the “ Placement Agreement ”) with Spartan Capital Securities, LLC, as placement agent (the “ Placement Agent ”), relating to the Company’s public offering of common shares and pre-funded warrants (the “ Offering ”).”

1847 Holdings LLC reported that prior financial statements should not be relied upon.

“On February 2, 2024, the Audit Committee of the Board of Directors of 1847 Holdings LLC (the “Company”), after discussions with the Company’s management, determined that the consolidated financial statements for the Company’s subsidiary ICU Eyewear Holdings, Inc. (“ICU”) for the years ended December 31, 2022 and 2021, filed as Exhibit 99.1 to the Company’s Current Report on Form 8-K/A filed on April 27, 2023 should be restated and should no longer be relied upon.”

1847 Holdings LLC: Amended Section 9.6(a) of the Operating Agreement to reduce the quorum required for a meeting of shareholders from a majority of shares outstanding to one-third of shares outstanding (effective 2023-10-16).

“Section 9.6(a) of the Operating Agreement was amended to reduce the quorum required for a meeting of shareholders from a majority of the shares outstanding to one-third of the shares outstanding.”

1847 Holdings LLC terminated Securities Purchase Agreement with MC Parent, LLC and other Sellers valued at Terminated Purchase Agreement for membership interests of Master Cutlery (effective 2023-10-10).

“Item 1.02 Termination of a Material Definitive Agreement. As previously disclosed, on August 28, 2023, 1847 Holdings LLC (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with MC Parent, LLC (“Master Cutlery”) and certain other parties set forth in the Agreement (each a “Seller”). Pursuant to the Purchase Agreement, each Seller agreed to sell its membership interests or other equity securities of Master Cutlery to the Company. On October 10, 2023, the Sellers terminated the Purchase Agreement pursuant to Section 8.1(c) thereof, which provided that either the Company or the Sellers could terminate the Purchase Agreement if the closing did not occur on or before October 6, 2023.”

1847 Holdings LLC entered into Limited Guaranty with AB Lending SPV I LLC d/b/a Mountain Ridge Capital (effective 2023-09-11).

“To induce the New Lender to enter into the Credit and Security Agreement, the Company agreed to provide a limited guaranty to the New Lender (the “ Limited Guaranty ”)”

1847 Holdings LLC entered into Amended and Restated Credit and Security Agreement with AB Lending SPV I LLC d/b/a Mountain Ridge Capital valued at up to $15,000,000 (effective 2023-09-11).

“On the same date, the Borrower entered into an Amended and Restated Credit and Security Agreement (the “ Credit and Security Agreement ”) with the New Lender for a revolving loan of up to $15,000,000”

1847 Holdings LLC amended Amendments to Mast Hill February 9 Note, Leonite February 9 Note and Mast Hill February 22 Note with Mast Hill Fund, L.P. and Leonite Fund I, LP valued at Extended maturity date to August 31, 2024; monthly payments starting Sept 30, 2023; amendment fee of (effective 2023-08-31).

“On August 31, 2023, the Company, Mast Hill and Leonite entered into amendments to the Mast Hill February 9 Note, the Leonite February 9 Note and the Mast Hill February 22 Note (the “ Amendments ”), pursuant to which the parties agreed to extend the maturity date of the remaining Notes to August 31, 2024 and the Company agreed to make monthly payments commencing on September 30, 2023”

1847 Holdings LLC terminated Leonite February 3 Note with Leonite Fund I, LP valued at Terminated due to conversion after Event of Default (effective 2023-08-31).

“Mast Hill converted the Mast Hill February 3 Note and Leonite converted the February 3 Note. Accordingly, the Mast Hill February 3 Note and Leonite February 3 Note have been terminated.”

1847 Holdings LLC terminated Mast Hill February 3 Note with Mast Hill Fund, L.P. valued at Terminated due to conversion after Event of Default (effective 2023-08-31).

“Mast Hill converted the Mast Hill February 3 Note and Leonite converted the February 3 Note. Accordingly, the Mast Hill February 3 Note and Leonite February 3 Note have been terminated.”

1847 Holdings LLC entered into Leonite February 9 Note with Leonite Fund I, LP valued at $1,166,667 principal amount promissory note (effective 2023-02-09).

“n the principal amount of $104,000 (the “ Mast Hill February 3 Note ”) and issued to Leonite Fund I, LP (“ Leonite ”) a promissory note in the principal amount of $500,000 (the “ Leonite February 3 Note ”).”

1847 Holdings LLC entered into Mast Hill February 9 Note with Mast Hill Fund, L.P. valued at $1,390,909 principal amount promissory note (effective 2023-02-09).

“on February 9, 2023, the Company issued a promissory note in the principal amount of $1,390,909 to Mast Hill (the “ Mast Hill February 9 Note ”)”

1847 Holdings LLC entered into Leonite February 3 Note with Leonite Fund I, LP valued at $500,000 principal amount promissory note (effective 2023-02-03).

“Leonite Fund I, LP (“ Leonite ”) a promissory note in the principal amount of $500,000 (the “ Leonite February 3 Note ”)”

1847 Holdings LLC entered into Mast Hill February 3 Note with Mast Hill Fund, L.P. valued at $104,000 principal amount promissory note (effective 2023-02-03).

“on February 3, 2023, 1847 Holdings LLC (the “ Company ”) issued to Mast Hill Fund, L.P. (“ Mast Hill ”) a promissory note in the principal amount of $104,000 (the “ Mast Hill February 3 Note ”)”

1847 Holdings LLC received a nyse_american deficiency notice notice regarding minimum bid price (rules 1003(f)(v)).

“August 31, 2023, 1847 Holdings LLC (the “Company”) received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) stating that it is not in compliance with the continued listing standard set forth in Section 1003(f)(v) of the NYSE American Company Guide (the “Company Guide”) because the Company’s common shares were selling for a substantial period of time at a low price per share, which NYSE American determined to be a 30-trading day average of less than $0.20 per share. The Notice stated that the Company’s continued listing is predicated on it effecting a reverse spli”

1847 Holdings LLC received a nyse_american deficiency notice notice regarding market value (rules 1003(f)(v)).

“August 31, 2023, 1847 Holdings LLC (the “Company”) received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) stating that it is not in compliance with the continued listing standard set forth in Section 1003(f)(v) of the NYSE American Company Guide (the “Company Guide”) because the Company’s common shares were selling for a substantial period of time at a low price per share, which NYSE American determined to be a 30-trading day average of less than $0.20 per share. The Notice stated that the Company’s continued listing is predicated on it effecting a reverse spli”

1847 Holdings LLC entered into Securities Purchase Agreement with MC Parent, LLC and certain other parties set forth in the Agreement (each a "Seller") valued at $4,500,000 (effective 2023-08-28).

“On August 28, 2023, 1847 Holdings LLC, a Delaware limited liability company (the “Company”) entered into a Securities Purchase Agreement (the “Agreement”) with MC Parent, LLC, a Delaware limited liability company (“Master Cutlery”) and certain other parties set forth in the Agreement (each a “Seller”).”

1847 Holdings LLC reported the three months ended June 30, 2023 results: revenue $19,390,739. Guidance reaffirmed.

“in such a filing. --- EX-99.1 (PRESS RELEASE) --- EX-99.1 2 ea183279-8kex99i_1847hold.htm PRESS RELEASE Exhibit 99.1 1847 Reports 50.4% Increase in Revenue to $19.4 Million for Q2 2023 Gross profit increases 37.9% compared to the same period last year Revenue increases 25.8% sequentially for the second quarter of 2023 Reaffirms guidance for revenue”

1847 Holdings LLC entered into Warrant Agreement with VStock Transfer, LLC (effective 2023-08-11).

“The terms of the Warrants are set forth in a warrant agency agreement, dated August 11, 2023 (the “ Warrant Agreement ”), between the Company and VStock Transfer, LLC, the Company’s transfer agent.”

1847 Holdings LLC entered into Placement Agency Agreement with Spartan Capital Securities, LLC (effective 2023-08-11).

“Spartan Capital Securities, LLC (the “ Placement Agent ”) acted as placement agent in connection with the Private Placement pursuant to a letter agreement, dated August 11, 2023, between the Company and the Placement Agent (the “ Placement Agency Agreement ”), and received (i) a cash transaction fee equal to 6% of the aggregate gross proceeds, (ii) a non-accountable and non-reimbursable due diligence and expense fee equal to 1% of the aggregate gross proceeds and (iii) a warrant for the purchase of a number of common shares equal to eight percent (8%) of the number common shares issuable upon conversion of the Notes and exercise of the Warrants at an exercise price of $0.2013 per share (subject to adjustment) (the “ Placement Agent Warrant ”).”

1847 Holdings LLC entered into Registration Rights Agreement with the Investors (effective 2023-08-11).

“In connection with the Private Placement, the Company also entered into a registration rights agreement (the “ Registration Rights Agreement ”) with the Investors, pursuant to which the Company agreed to file a registration statement to register all common shares underlying the Notes and the Warrants under the Securities Act of 1933, as amended (the “ Securities Act ”), within fifteen (15) days following an Event of Default and use its best efforts to cause such registration statement to be declared effective within ninety (90) days after the filing thereof.”

1847 Holdings LLC entered into Purchase Agreement with certain accredited investors valued at $2,500,000 (effective 2023-08-11).

“On August 11, 2023, 1847 Holdings LLC (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with certain accredited investors (the “ Investors ”), pursuant to which the Company issued and sold to the Investors 20% OID subordinated promissory notes in the aggregate principal amount of $3,125,000 (the “ Notes ”) and warrants for the purchase of an aggregate of 4,098,361 common shares (the “ Warrants ”) for a total purchase price of $2,500,000 in a private placement transaction (the “ Private Placement ”).”

1847 Holdings LLC reported a default on loan of $878,000 with Mast Hill Fund, L.P..

“As previously disclosed, on February 22, 2023, the Company issued a promissory note in the principal amount of $878,000 to Mast Hill (the “ February 22 Note ”). The February 22 Note is convertible into the Company’s common shares only upon an Event of Default (as defined in the February 22 Note). On August 10, 2023, the Company received a notice (the “ August 10 Notice ”) from Mast Hill that an Event of Default has occurred under the February 22 Note for failure to make certain payments when due.”

1847 Holdings LLC reported a default on loan of $1,166,667 with Leonite Fund I, LP.

“As previously disclosed, on February 9, 2023, the Company issued a promissory note in the principal amount of $1,390,909 to Mast Hill and a promissory note in the principal amount of $1,166,667 to Leonite. These promissory notes (the “ February 9 Notes ”) are convertible into the Company’s common shares only upon an Event of Default (as defined in the February 9 Notes). On August 9, 2023, the Company received notices (the “ August 9 Notices ”) from Mast Hill and Leonite that an Event of Default has occurred under the February 9 Notes for failure to make certain payments when due.”

1847 Holdings LLC reported a default on loan of $1,390,909 with Mast Hill Fund, L.P..

“As previously disclosed, on February 9, 2023, the Company issued a promissory note in the principal amount of $1,390,909 to Mast Hill and a promissory note in the principal amount of $1,166,667 to Leonite. These promissory notes (the “ February 9 Notes ”) are convertible into the Company’s common shares only upon an Event of Default (as defined in the February 9 Notes). On August 9, 2023, the Company received notices (the “ August 9 Notices ”) from Mast Hill and Leonite that an Event of Default has occurred under the February 9 Notes for failure to make certain payments when due.”

1847 Holdings LLC reported a default on loan of $500,000 with Leonite Fund I, LP.

“As previously disclosed, on February 3, 2023, 1847 Holdings LLC (the “Company”) issued a promissory note in the principal amount of $104,000 to Mast Hill Fund, L.P. (“ Mast Hill ”) and a promissory note in the principal amount of $500,000 to Leonite Fund I, LP (“ Leonite ”). These promissory notes (the “ February 3 Notes ”) are convertible into the Company’s common shares only upon an Event of Default (as defined in the February 3 Notes). On August 4, 2023, the Company received notices (the “ August 4 Notices ”) from Mast Hill and Leonite that an Event of Default has occurred under the February 3 Notes for failure to make certain payments when due.”

1847 Holdings LLC reported a default on loan of $104,000 with Mast Hill Fund, L.P..

“As previously disclosed, on February 3, 2023, 1847 Holdings LLC (the “Company”) issued a promissory note in the principal amount of $104,000 to Mast Hill Fund, L.P. (“ Mast Hill ”) and a promissory note in the principal amount of $500,000 to Leonite Fund I, LP (“ Leonite ”). These promissory notes (the “ February 3 Notes ”) are convertible into the Company’s common shares only upon an Event of Default (as defined in the February 3 Notes). On August 4, 2023, the Company received notices (the “ August 4 Notices ”) from Mast Hill and Leonite that an Event of Default has occurred under the February 3 Notes for failure to make certain payments when due.”

Michele A. Chow-Tai was appointed as director at 1847 Holdings LLC.

“On August 4, 2023, upon recommendation of the Nominating and Corporate Governance Committee, the Board of Directors of the Company (the “ Board ”) appointed Ms. Michele A. Chow-Tai to the Board to fill an existing vacancy.”

1847 Holdings LLC entered into Placement Agreement with Spartan Capital Securities, LLC (effective 2023-07-14).

“and a placement agency agreement (the “ Placement Agreement ”) with Spartan Capital Securities, LLC, as placement agent (the “ Placement Agent ”)”

1847 Holdings LLC entered into Purchase Agreement with certain purchasers (effective 2023-07-14).

“On July 14, 2023, 1847 Holdings LLC (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with certain purchasers (the “ Purchasers ”)”

1847 Holdings LLC entered into Warrant Agreement with VStock Transfer, LLC (effective 2023-07-06).

“The terms of the pre-funded warrants are set forth in a warrant agency agreement, dated July 6, 2023 (the “ Warrant Agreement ”), between the Company and VStock Transfer, LLC, the Company’s transfer agent”

1847 Holdings LLC entered into Placement Agreement with Spartan Capital Securities, LLC (effective 2023-07-03).

“nd a placement agency agreement (the “ Placement Agreement ”) with Spartan Capital Securities, LLC, as placement agent (the “ Placement Agent ”), relating to the Company’s public offering of common shares and pre-funded warrants (the”

1847 Holdings LLC entered into Purchase Agreement with certain purchasers valued at $1,869,000 (effective 2023-07-03).

“On July 3, 2023, 1847 Holdings LLC (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with certain purchasers (the “ Purchasers ”)”

1847 Holdings LLC reported the three months ended March 31, 2023 results: revenue $15,403,538, net income $1,047,481. Guidance reaffirmed.

“(PRESS RELEASE ISSUED ON MAY 15, 2023) --- EX-99.1 2 ea178513ex99-1_1847hold.htm PRESS RELEASE ISSUED ON MAY 15, 2023 Exhibit 99.1 1847 Reports 27.6% Increase in Revenue to $15.4 Million and Achieves Profitability for Q1 2023 Gross profit increases 35.0% compared to the same period last year Reaffirms guidance for revenue in excess of $90 million NEW YORK, NY /”

1847 Holdings LLC shareholders approved Approval of the Company’s 2023 Equity Incentive Plan. at the 2023-05-09 meeting.

“Proposal 6: The Company’s shareholders approved the Company’s 2023 Equity Incentive Plan. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes 2,083,532 50,746 12,000 736,471”

1847 Holdings LLC shareholders approved Approval of the issuance of common shares upon the conversion of promissory notes and the exercise of warrants issued to certain investors. at the 2023-05-09 meeting.

“Proposal 5: The Company’s shareholders approved the issuance of common shares upon the conversion of promissory notes and the exercise of warrants issued to certain investors. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes 2,090,958 54,992 328 736,471”

1847 Holdings LLC shareholders approved Advisory vote on the frequency of advisory votes on the compensation of the Company’s named executive officers. at the 2023-05-09 meeting.

“Proposal 4: The Company’s shareholders conducted an advisory vote on the frequency of advisory votes on the compensation of the Company’s named executive officers. The votes regarding this proposal were as follows: One Year Two Years Three Years Abstentions Broker Non-Votes 641,555 63,221 1,084,054 357,448 736,471”

1847 Holdings LLC shareholders approved Advisory vote on the compensation of the Company’s named executive officers. at the 2023-05-09 meeting.

“Proposal 3: The Company’s shareholders conducted an advisory vote on the compensation of the Company’s named executive officers. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions Broker Non-Votes 2,122,039 24,115 124 736,471”

1847 Holdings LLC shareholders approved Ratification of the appointment of Sadler, Gibb & Associates, LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-09 meeting.

“Proposal 2: The Company’s shareholders ratified the appointment of Sadler, Gibb & Associates, LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The votes regarding this proposal were as follows: Votes For Votes Against Abstentions 2,863,132 11,171 8,446”