STOCK TITAN

1847 Holdings - 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 (EFSH) operates as a diversified acquirer of middle market businesses across agriculture, construction, and retail sectors. This news hub provides investors with essential updates on strategic acquisitions, operational enhancements, and portfolio developments central to the company's value creation strategy.

Access timely reports on EFSH's land management services, retail appliance operations, and custom construction solutions. The curated collection includes press releases about asset acquisitions, financial performance milestones, and strategic divestitures that demonstrate the company's disciplined approach to unlocking business value.

Key updates cover infrastructure improvements across portfolio companies, partnership announcements in agricultural equipment distribution, and operational synergies achieved through the company's private equity model. Regular visitors gain insight into how EFSH identifies undervalued assets and implements cash flow optimization strategies.

Bookmark this page for consolidated access to verified updates about 1847 Holdings' market positioning. Check back regularly for new developments reflecting the company's focus on operational excellence and strategic arbitrage opportunities in middle market sectors.

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
-
Rhea-AI Summary
1847 Holdings LLC (EFSH) secures a $750,000 credit facility for its subsidiary, Wolo Manufacturing Corp. Wolo is a leading manufacturer and distributor of vehicle horns and safety products, and the credit facility will empower Wolo with working capital to fulfill strong customer demand and increase its sales potential by 50% to 70% year-over-year in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.4%
Tags
none
-
Rhea-AI Summary
1847 Holdings LLC (EFSH) announces a 1-for-4 reverse split of its common shares effective on January 8, 2024, to tighten the public float and attract institutional and other investors. The reverse split will reduce the number of outstanding shares from approximately 3.43 million to 0.86 million and the float from approximately 3.40 million to 0.85 million shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.54%
Tags
none
Rhea-AI Summary
1847 Holdings LLC (EFSH) reports a 29.8% year-over-year increase in total revenue, reaching $18.8M for Q3 2023. Gross profit also surged by 64.9% compared to Q3 2022, amounting to $8.0M. The company expanded relationships with leading home builders, regained NYSE American listing compliance, and completed a $15 million credit facility refinancing. Additionally, they restructured promissory notes and affirmed a BB+ rating on their senior credit facility. CEO Ellery W. Roberts expects over 50% revenue growth in 2023 and plans to explore strategic options to maximize shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.01%
Tags
-
Rhea-AI Summary
1847 Holdings LLC, a unique holding company, announced that its subsidiary, 1847 Cabinets Inc., has entered into an expanded agreement with a national homebuilder to be its exclusive provider of windows for new residential construction projects in the Reno, Nevada area. The expanded relationship is expected to generate approximately $2 million of additional annual revenue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.23%
Tags
none
-
Rhea-AI Summary
1847 Holdings regains compliance with NYSE American's listing standards
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
Tags
none
Rhea-AI Summary
CEO of 1847 Holdings LLC, Ellery Roberts, to participate in 'Fireside Chat' for investors on September 25, 2023. He will discuss positive recent developments and the outlook for the business, as well as address shareholder questions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.71%
Tags
conferences
-
Rhea-AI Summary
1847 Holdings engages Spartan Capital Securities to explore strategic alternatives for enhancing shareholder value, including potential privatization. The company expects $90 million in sales this year, representing over 80% growth compared to the prior year. Any privatization would require a tender offer at a premium to the market price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.14%
Tags
none
-
Rhea-AI Summary
1847 Holdings LLC announces successful refinancing of ICU's revolving loan, increasing borrowing capacity to $15 million and extending maturity to 2026. ICU plans to expand products and reach 15,000 retail locations by 2025. Company believes in providing value to portfolio companies and shareholders through a private-equity-style holding company model. Cash flow and profitability expected to improve as fixed costs are leveraged.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none
Rhea-AI Summary
1847 Holdings LLC announces reverse stock split to cure deficiency
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-22.5%
Tags
none
1847 Holdings

NYSE:EFSH

EFSH Rankings

EFSH Stock Data

1.88M
25.19M
5.32%
1.16%
4.57%
Conglomerates
Services-management Consulting Services
Link
United States
NEW YORK