1847 holdings llc announces pricing of approximately $2.5 million registered direct offering

New york, ny / accesswire / july 14, 2023 / 1847 holdings llc (nyse american:efsh) ("1847 holdings" or the "company"), 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 that it has entered into a securities purchase agreement with certain institutional investors to purchase an aggregate of 10,416,667 shares and/or pre-funded warrants to purchase common shares of the company, at a purchase price of $0.24 per share and/or pre-funded warrant in a registered direct offering (the "offering"). the gross proceeds of the offering to the company, before deducing placement agent fees and commissions and other offering expenses, are expected to be approximately $2.5 million.
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