1847 Holdings Engages ShareIntel, A Leader in Shareholder Intelligence Services, To Monitor Company's Shares

Rhea-AI Summary

1847 Holdings (NYSE American:EFSH) has engaged Shareholder Intelligence Services, LLC to enhance shareholder protection and value. This collaboration aims to improve corporate governance and regulate share trading through advanced analytics. The CEO, Ellery W. Roberts, believes this partnership will enable better monitoring of trading activities and compliance with SEC regulations. ShareIntel offers a compliance-driven SAAS that supports public companies in managing shareholder data, aiming for true price discovery and effective investment strategies.

Positive

• Engagement with Shareholder Intelligence Services to enhance shareholder protection.
• Improved monitoring of trading activities to ensure compliance with SEC regulations.
• Utilization of advanced analytics to boost corporate governance.

Negative

• None.

NEW YORK, NY / ACCESSWIRE / November 3, 2022 / 1847 Holdings LLC ("1847" or the "Company") (NYSE American:EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced it has engaged Shareholder Intelligence Services, LLC ("ShareIntel") to continue its commitment to protecting its shareholders and maximizing shareholder value.

Through ShareIntel's patented, proprietary service offerings, 1847 Holdings is able to obtain share trading analytic metrics that are designed to help coordinate, monitor and enhance corporate governance, shareholder communication, regulatory compliance and surveillance of trading in the Company's shares.

Mr. Ellery W. Roberts, CEO of 1847 Holdings, commented, "We are very pleased to announce this collaboration with ShareIntel, which we believe will help shareholder value by allowing the Company to better monitor trading activity, including potential violations of SEC Regulation SHO, which governs stock and option share locate, close out and fail to deliver requirements."

David Wenger, President & CEO of ShareIntel, commented, "As a matter of fiduciary best practices we are pleased 1847 Holdings has elected to engage ShareIntel's compliance driven SAAS to help monitor supply to ensure true supply / demand dynamics, which enables true price discovery."

About Shareholder Intelligence Services, LLC

ShareIntel is a compliance driven SAAS retained by public companies to obtain, aggregate, track and analyze shareholder trading and settlement data. This patented process is managed through its "Data Repository Information Link" system DRIL-Down™. The ShareIntel solution empowers public company CEO's, CFO's, IRO's, Corporate Secretaries & General Council with tools and analysis to help better manage investment banking, investor relations, shareholder outreach efforts and more. ShareIntel provides actionable intelligence, which enables public company officers and directors to fulfill fiduciary best practices.

About 1847 Holdings LLC

1847 Holdings LLC (NYSE American:EFSH), a publicly traded diversified acquisition holding company, was founded by Ellery W. Roberts, a former partner of Parallel Investment Partners, Saunders Karp & Megrue, and Principal of Lazard Freres Strategic Realty Investors. 1847 Holdings' investment thesis is that capital market inefficiencies have left the founders and/or stakeholders of many small business enterprises or lower-middle market businesses with limited exit options despite the intrinsic value of their business. Given this dynamic, 1847 Holdings can consistently acquire businesses it views as "solid" for reasonable multiples of cash flow and then deploy resources to strengthen the infrastructure and systems of those businesses in order to improve operations. These improvements may lead to a sale or IPO of an operating subsidiary at higher valuations than the purchase price and/or alternatively, an operating subsidiary may be held in perpetuity and contribute to 1847 Holdings' ability to pay regular and special dividends to shareholders.

Forward-Looking Statements

This press release may contain information about 1847 Holdings' view of its future expectations, plans and prospects that constitute forward-looking statements. All forward-looking statements are based on our management's beliefs, assumptions and expectations of our future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause our actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include but are not limited to the risks set forth in "Risk Factors" included in our SEC filings.

Contact:

Crescendo Communications, LLC
Tel: +1 (212) 671-1020
Email: EFSH@crescendo-ir.com

SOURCE: 1847 Holdings LLC

View source version on accesswire.com:
https://www.accesswire.com/723782/1847-Holdings-Engages-ShareIntel-A-Leader-in-Shareholder-Intelligence-Services-To-Monitor-Companys-Shares

FAQ

What is the significance of 1847 Holdings engaging Shareholder Intelligence Services?

The engagement aims to enhance shareholder protection and improve corporate governance by utilizing advanced analytics for monitoring trading activities.

How does the partnership with ShareIntel benefit EFSH shareholders?

The partnership is expected to help maximize shareholder value by ensuring compliance with SEC regulations and improving transparency in trading activities.

When was the press release about EFSH's engagement with ShareIntel issued?

The press release was issued on November 3, 2022.