1847 holdings is evaluating options for non-dilutive restructuring of convertible debt

New york, ny / accesswire / august 25, 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 announced its plan to seek a non-dilutive restructuring of certain of its outstanding convertible debt to help defray potential detrimental effect that recent conversions and sales have had on its stock price. management believes that there may be a detrimental effect on the market price of the company's common shares caused by the conversion of certain defaulted promissory notes and sale of the underlying common shares.
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