1847 announces closing of $1.869 million public offering

New york, ny / accesswire / july 7, 2023 / 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, announced today it has closed its previously announced public offering of securities for gross proceeds of approximately $1.869 million, prior to deducting placement agent fees and other offering expenses payable by the company. the company intends to use the net proceeds from this offering for working capital and general corporate purposes, which could include working capital to support the growth of the company's subsidiaries.
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