1847 announces sale of icu eyewear; eliminating $4.2 million of debt from the balance sheet

New york, ny / accesswire / august 8, 2024 / 1847 holdings llc ("1847" or the "company") (nyse american:efsh), a holding company specializing in identifying over-looked, deep value investment opportunities in middle market businesses, today announced that it has been working with its senior secured lender to sell all or substantially all of the assets of its icu eyewear business. on august 5, 2024, the company received notice from its senior secured lender that a private sale of the assets (constituting the collateral under the lender's loan) occurred on such date pursuant to a bill of sale.
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