1847 Provides Sale Status Update on a Division of 1847 Cabinets Inc. [Yahoo! Finance]
1847 Holdings LLC (EFSH)
NASDAQ:AMEX Investor Relations:
1847holdings.com/investor-faq
Company Research
Source: Yahoo! Finance
identifying over-looked, deep value investment opportunities in middle market businesses, today provided an update on the status of the proposed sale of a division of 1847 Cabinets Inc. Mr. Ellery W. Roberts, CEO of 1847 Holdings, commented, "We are making progress on the sale of a division of 1847 Cabinets. The financing contingency from the Letter of Intent was recently removed and we anticipate closing the transaction by mid-September 2024. This sale is a key strategic move for 1847, demonstrating our ability to acquire, operate, and enhance the value of assets before selling them. This will notably improve our financial position, allowing us to reallocate resources strategically and capitalize on emerging opportunities within and beyond our portfolio, with a long-term focus on maximizing shareholder value." "This is just one part of our broader strategy to optimize asset allocation and enhance overall shareholder returns. The proposed transaction underscores our belief that th
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News
- 1847 Reports Second Quarter 2024 Financial Results and Provides Business UpdateAccesswire
- 1847 Announces Sale of ICU Eyewear; Eliminating $4.2 Million of Debt From the Balance Sheet [Yahoo! Finance]Yahoo! Finance
- 1847 Announces Sale of ICU Eyewear; Eliminating $4.2 Million of Debt From the Balance Sheet Accesswire
- 1847 Provides Sale Status Update on a Division of 1847 Cabinets Inc. Accesswire
EFSH
Sec Filings
- 9/18/24 - Form S-1
- 8/23/24 - Form 8-K
- 8/22/24 - Form 8-K
- EFSH's page on the SEC website