1847 Holdings LLC - EFSH STOCK NEWS

Welcome to our dedicated page for 1847 Holdings news (Ticker: EFSH), a resource for investors and traders seeking the latest updates and insights on 1847 Holdings stock.

1847 Holdings LLC, through its subsidiaries, provides a wide range of products and services for agriculture, construction, lawn, and garden industries in North America. The company operates through two segments: land management services and retail and appliances. The land management services segment offers waste disposal and various agricultural services, such as manure spreading, land rolling, bin whipping, cleaning of bulk storage bins and silos, equipment rental, trucking, vacuuming, building erection, various shop, and other services to local agricultural and farming communities. It also wholesales agricultural equipment and parts. On the other hand, the retail and appliances segment provides appliance services, including sales, delivery/installation, in-home service and repair, extended warranties, and financing to homeowners, builders, and designers. Furthermore, the company designs, builds, and installs custom cabinetry primarily for custom and semi-custom builders. 1847 Partners LLC serves as the manager of 1847 Holdings LLC.

1847 Holdings LLC is a diversified holding company operating in four segments: Retail and appliances, Retail and Eyewear, Construction, and Automotive Supplies. The company mainly generates revenue from the Construction segment. Through its subsidiaries, 1847 Holdings provides various land application services, sells equipment and parts, and focuses on the agricultural, construction, and lawn and garden industries.

03/04/2024 08:00 AM

News

1847 Holdings to Present at Sidoti Spring 2024 Small Cap Virtual Investor Conference on March 14th

Rhea-AI Summary

1847 Holdings LLC (EFSH) CEO to Present at Sidoti & Company 2024 Small Cap Virtual Investor Conference

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-2.47%

Tags

02/29/2024 08:00 AM

News

1847 Holdings Announces the Launch of its Rebranding Initiative of 1847 Cabinets Inc. to Signature Home Craft

Rhea-AI Summary

1847 Holdings LLC announced the rebranding of its subsidiary 1847 Cabinets Inc. to Signature Home Craft as part of its planned spin-off. The rebranding aims to consolidate entities under one brand name to enhance customer service and drive sustainable growth. Signature Home Craft offers construction services including custom cabinetry design and build for various clients.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

12.55%

Tags

02/26/2024 08:00 AM

News

1847 Holdings Engages Spartan Capital for Planned $10 Million IPO and Spin-Off of 1847 Cabinets Inc.

Rhea-AI Summary

1847 Holdings LLC announces plans for a $10 million IPO and spin-off transaction for its subsidiary, 1847 Cabinets Inc., a designer and installer of cabinets for residential construction. The move aims to unlock value for shareholders by creating a standalone publicly traded company. The subsidiary comprises Kyle's, High Mountain, and Innovative Cabinets, with a focus on revenue growth and profitability. Spartan Capital Securities, LLC will support the transaction.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-17.16%

Tags

02/23/2024 08:30 AM

News

1847 Holdings’ Hunt For Small Business Gems: How This PE Firm Finds Its Diamonds In The Rough

Rhea-AI Summary

1847 Holdings LLC (EFSH) showcases successful exits despite occasional losses, a diversified acquisition holding company based in New York City.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

6.29%

Tags

02/23/2024 08:00 AM

News

1847 Announces $1.95 Million Repayment of Convertible Notes

Rhea-AI Summary

1847 Holdings LLC (EFSH) successfully eliminates $6.4 million of debt and liabilities, strengthening the company's balance sheet. The recent repayment of $1.95 million in debt and strategic balance sheet optimization reflect the company's commitment to transparency and creating shareholder value.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

6.29%

Tags

02/22/2024 08:00 AM

News

1847 Secures $1.0 Million Credit Facility to Address Accelerated Growth for its High Mountain Door & Trim Subsidiary

Rhea-AI Summary

1847 Holdings LLC (EFSH) secures $1.0 million credit facility for High Mountain Door & Trim Inc., experiencing a 44.5% year-over-year revenue increase in 2023. The company specializes in finished carpentry products for homebuilders and developers.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

4.4%

Tags

02/20/2024 08:00 AM

News

1847 Announces Strategic Divesture of 1847 Asien Inc. Subsidiary; Significantly Enhancing Balance Sheet and Shareholder Value

Rhea-AI Summary

1847 Holdings LLC (EFSH) announces the divestiture of its subsidiary, 1847 Asien Inc., to focus on core operations and enhance shareholder value.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-19.51%

Tags

02/14/2024 02:15 PM

News

1847 Holdings LLC Announces Closing of $5.0 Million Public Offering

Rhea-AI Summary

1847 Holdings LLC (EFSH) has successfully closed a public offering of securities, raising $5.0 million in gross proceeds. The offering included 5,000,000 common shares and/or pre-funded warrants, priced at $1.00 per share. Spartan Capital Securities, LLC acted as the sole placement agent for the offering.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

27.34%

Tags

02/12/2024 07:30 AM

News

1847 Holdings Announces Positive Restatement of Financial Results for Subsidiary and Reduction in Loss from Operations of Approximately $3.6 Million and Increase in Assets of $642,000 for 2022

Rhea-AI Summary

1847 Holdings LLC (EFSH) restates financial results of ICU Eyewear Holdings, Inc., reducing loss from operations by $3.6 million for 2022. CEO Ellery W. Roberts mentions positive demand and operating trends. Restatement due to overstatement of impairment of intangible asset.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

42.05%

Tags

02/09/2024 09:20 AM

News

1847 Holdings LLC Announces Pricing of $5.0 Million Public Offering

Rhea-AI Summary

1847 Holdings LLC (EFSH) announces a public offering of securities for gross proceeds of $5.0 million, including 5,000,000 common shares and/or pre-funded warrants. The offering is priced at $1.00 per share or warrant, with the warrants exercisable at $0.01 per share, aiming to prevent beneficial ownership exceeding 4.99% or 9.99% of outstanding shares.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

41.3%

Tags

FAQ

What is the current stock price of 1847 Holdings (EFSH)?

The current stock price of 1847 Holdings (EFSH) is $0.23 as of December 20, 2024.

What is the market cap of 1847 Holdings (EFSH)?

The market cap of 1847 Holdings (EFSH) is approximately 3.8M.

What products and services does 1847 Holdings LLC provide?

Through its subsidiaries, 1847 Holdings LLC offers a wide range of products and services for agriculture, construction, lawn, and garden industries in North America.

In how many segments does 1847 Holdings LLC operate?

1847 Holdings LLC operates in two segments: land management services and retail and appliances.

What is the main focus of the land management services segment of 1847 Holdings LLC?

The land management services segment of 1847 Holdings LLC provides waste disposal, various agricultural services, and wholesales agricultural equipment and parts.

What services are offered by the retail and appliances segment of 1847 Holdings LLC?

The retail and appliances segment of 1847 Holdings LLC provides appliance services, including sales, delivery/installation, in-home service and repair, extended warranties, and financing.

Who serves as the manager of 1847 Holdings LLC?

1847 Partners LLC serves as the manager of 1847 Holdings LLC.

What are the main segments of operation for 1847 Holdings LLC?

1847 Holdings LLC operates in four segments: Retail and appliances, Retail and Eyewear, Construction, and Automotive Supplies.

How does 1847 Holdings LLC generate revenue?

1847 Holdings LLC generates maximum revenue from the Construction segment.

What is the investment thesis of 1847 Holdings LLC?

1847 Holdings LLC's investment thesis is to acquire businesses deemed 'solid' for reasonable multiples of cash flow, improve operations, and potentially sell or hold operating subsidiaries.

What strategic initiatives has 1847 Holdings LLC recently undertaken?

1847 Holdings LLC has executed a non-binding Letter of Intent to sell 1847 Cabinets Inc., initiated diversification and expansion of partnerships, divested certain business lines, and engaged in restructuring and debt repayment activities.

Who founded 1847 Holdings LLC?

1847 Holdings LLC was founded by Ellery W. Roberts, a former partner of Parallel Investment Partners, Saunders Karp & Megrue, and Principal of Lazard Freres Strategic Realty Investors.