1847 reports on ongoing investigation into potentially improper and illegal trading activity in the company's common stock
New york, ny / accesswire / august 14, 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, today provided a report on its ongoing investigation into potentially improper and/or illegal trading activities, including naked short selling, of the company's common stock. on november 3, 2022, the company engaged shareholder intelligence services, llc ("shareintel") to utilize their patented, proprietary service offerings to obtain share trading analytic metrics designed to help coordinate, monitor and enhance corporate governance, shareholder communication, regulatory compliance and surveillance of trading in the company's shares in an effort to allow company to better monitor trading activity, including potential violations of sec regulation sho, which governs stock and option share locate, close out and fail to deliver requirements.
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