1847 Holdings LLC Closes $11.1 Million Public Offering

1847 Holdings LLC (NYSE: EFSH), a company specializing in investing in middle-market businesses, has announced the successful closing of its public offering, raising $11.1 million in gross proceeds. This offering involved 8,809,512 units priced at $1.26 each. Each unit comprises one common share or a pre-funded warrant, a series A warrant, and a series B warrant with varying exercise prices. Spartan Capital Securities, LLC served as the exclusive placement agent for this transaction. The SEC declared the registration statement effective on October 28, 2024, with the final prospectus filed on October 30, 2024. 1847 Holdings LLC aims to acquire businesses at reasonable multiples of cash flow, enhancing their operations for potential future sales or IPOs.