1847 Holdings LLC Files Amendment No. 1 to S-1 Registration Statement

TL;DR

<b>1847 Holdings LLC has filed an amendment to its S-1 registration statement, indicating readiness for a public securities offering.</b>

AI Summary

1847 Holdings LLC (LBRA) filed a Amended IPO Registration (S-1/A) with the SEC on February 2, 2024. 1847 Holdings LLC filed an amendment (No. 1) to its Form S-1 Registration Statement on February 2, 2024. The filing is related to the Securities Act of 1933, with registration number 333-276670. The company's principal executive offices are located at 590 Madison Avenue, 21st Floor, New York, NY 10022. The CEO, Ellery W. Roberts, is listed as the agent for service, also at the New York address. The filing indicates the proposed sale of securities will commence as soon as practicable after the registration statement becomes effective.

Why It Matters

For investors and stakeholders tracking 1847 Holdings LLC, this filing contains several important signals. This amendment signifies progress in 1847 Holdings LLC's efforts to go public or conduct a new securities offering, which could impact its capital structure and shareholder base. The filing provides updated information and legal disclosures required for a public offering, offering insights into the company's operational and legal readiness.

Risk Assessment

Risk Level: low — 1847 Holdings LLC shows low risk based on this filing. The filing is an amendment to a registration statement, which is a standard procedural step for a company preparing for a public offering and does not contain new financial performance data or significant operational changes.

Analyst Insight

Monitor for the effectiveness of the S-1 registration statement and subsequent announcements regarding the public offering details.

Key Numbers

• Amendment No. 1 — Amendment Number (Form S-1 Registration Statement)
• 333-276670 — Registration Number (Securities Act of 1933)
• 212-417-9800 — Telephone Number (Registrant's principal executive offices)

Key Players & Entities

• 1847 Holdings LLC (company) — Registrant name
• February 2, 2024 (date) — Filing date
• 333-276670 (registration_number) — Registration number
• 590 Madison Avenue, 21st Floor New York, NY 10022 (address) — Registrant's principal executive offices
• Ellery W. Roberts (person) — Chief Executive Officer and agent for service
• Louis A. Bevilacqua (person) — Copies to counsel
• Ross Carmel (person) — Copies to counsel
• Jeffrey Wofford (person) — Copies to counsel

Forward-Looking Statements

• 1847 Holdings LLC will proceed with a public offering of securities. (1847 Holdings LLC) — medium confidence, target: Q2 2024

FAQ

Industry Context

The filing pertains to the process of registering securities for a public offering under the Securities Act of 1933, a common step for companies seeking to raise capital or become publicly traded.

Regulatory Implications

The filing is made under the Securities Act of 1933, which governs the registration and regulation of securities offerings in the United States.

What Investors Should Do

1. Track the effectiveness date of the S-1 registration statement.
2. Analyze the final prospectus once it is filed to understand the terms of the offering.
3. Monitor 1847 Holdings LLC's subsequent filings for any updates on the offering or company performance.

Key Dates

• 2024-02-02: Filing of Amendment No. 1 to Form S-1 — Indicates progress in the registration process for a public offering.

Year-Over-Year Comparison

This is an amendment to a previously filed S-1 registration statement, indicating procedural updates rather than a comparison of financial performance against a prior period.

Key Financial Figures

• $1.46 — on an assumed public offering price of $1.46 per share, the closing price of our com
• $0 — be equal to the price per share, minus $0.01, and the exercise price of each pre-
• $0.01 — ach pre-funded warrant will be equal to $0.01 per share. The pre-funded warrants will
• $295,000 — ement agent fees, will be approximately $295,000. We expect to deliver the common shar
• $50 m — t have an enterprise value of less than $50 million, in a variety of different indust
• $50 million — t have an enterprise value of less than $50 million. We believe that the merger and acquisi
• $50.0 million — ons with enterprise values greater than $50.0 million commanded valuation premiums 30% higher

Filing Documents

• ea192664-s1a1_1847hold.htm (S-1/A) — 5375KB
• ea192664ex23-1_1847hold.htm (EX-23.1) — 3KB
• ea192664ex23-2_1847hold.htm (EX-23.2) — 2KB
• ea192664ex-fee_1847hold.htm (EX-FILING FEES) — 15KB
• image_001.jpg (GRAPHIC) — 3KB
• image_002.jpg (GRAPHIC) — 3KB
• image_003.jpg (GRAPHIC) — 42KB
• image_004.jpg (GRAPHIC) — 12KB
• 0001213900-24-009742.txt (&nbsp;) — 20670KB
• efsh-20230930.xsd (EX-101.SCH) — 186KB
• efsh-20230930_cal.xml (EX-101.CAL) — 102KB
• efsh-20230930_def.xml (EX-101.DEF) — 722KB
• efsh-20230930_lab.xml (EX-101.LAB) — 1356KB
• efsh-20230930_pre.xml (EX-101.PRE) — 755KB
• ea192664-s1a1_1847hold_htm.xml (XML) — 3216KB

Dilution

Dilution 61 Management's Discussion and Analysis of Financial Condition and Results of Operations 62 Corporate History and Structure 84 The Manager 86

Business

Business 100 Management 124 Executive Compensation 130 Certain Relationships and Related Party Transactions 133 Principal Shareholders 134 Description of Securities 135 Shares Eligible For Future Sale 147 Material U.S. Federal Income Tax Considerations 148 Plan of Distribution 157 Legal Matters 163 Experts 163 Where You Can Find More Information 163

Financial Statements

Financial Statements F-1 i Neither we nor the placement agent has authorized anyone to provide you with information that is different from that contained in this prospectus or in any free writing prospectus we may authorize to be delivered or made available to you. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. We and the placement agent are offering to sell our securities and seeking offers to buy our securities only in jurisdictions where offers and sales are permitted. The information contained in this prospectus is accurate only as of its date, regardless of the time of delivery of this prospectus or any sale of our securities. Our business, financial condition, results of operations and prospects may have changed since that date. For investors outside the United States: Neither we nor the placement agent has done anything that would permit this offering, or possession or distribution of this prospectus, in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the United States who come into possession of this prospectus must inform themselves about, and observe any restrictions relating to, the offering of our securities and the distribution of this prospectus outside of the United States. See the section of this prospectus entitled " Plan of Distribution " and " Material U.S. Federal Income Tax Considerations " for additional information on these restrictions. Unless otherwise indicated, information in this prospectus concerning economic conditions, our industries and our markets is based on a variety of sources, including information from third-party industry analysts and publications and our own estimates and research. This information involves a number of assumptions, estimates and limitations. The industry publications, surveys and forecasts and other public information generally indicate or suggest that thei

View Full Filing

View this S-1/A filing on SEC EDGAR