1847 Holdings LLC Files S-1 Registration Statement
Ticker: LBRA · Form: S-1 · Filed: May 31, 2024 · CIK: 1599407
Sentiment: neutral
Topics: ipo-filing, registration-statement, sec-filing
TL;DR
1847 Holdings LLC just filed an S-1, looks like they're going public soon.
AI Summary
1847 Holdings LLC filed an S-1 registration statement on May 31, 2024, with the SEC. The company, incorporated in Delaware, is seeking to register securities under the Securities Act of 1933. Its principal executive offices are located at 590 Madison Avenue, New York, NY 10022, with a contact phone number of (212) 417-9800. Ellery W. Roberts serves as the Chief Executive Officer.
Why It Matters
This S-1 filing indicates that 1847 Holdings LLC is preparing to offer securities to the public, which could lead to increased liquidity and potential investment opportunities.
Risk Assessment
Risk Level: medium — As an S-1 filing, it represents a company seeking to go public, which inherently carries risks associated with market volatility and business execution.
Key Numbers
- 333-279888 — SEC File Number (Identifies the specific SEC filing for this company.)
- 0001599407 — Central Index Key (CIK) (Unique identifier for the filer in the SEC EDGAR system.)
Key Players & Entities
- 1847 Holdings LLC (company) — Registrant
- May 31, 2024 (date) — Filing Date
- Securities Act of 1933 (legal_document) — Act under which registration is filed
- Delaware (jurisdiction) — State of Incorporation
- 590 Madison Avenue, 21st Floor New York, NY 10022 (address) — Principal Executive Offices
- 212-417-9800 (phone_number) — Principal Executive Office Phone Number
- Ellery W. Roberts (person) — Chief Executive Officer
- Louis A. Bevilacqua, Esq. (person) — Counsel
- BEVILACQUA PLLC (company) — Legal Counsel
FAQ
What is the purpose of this S-1 filing?
The S-1 filing is a registration statement required by the Securities Act of 1933 for companies planning to offer securities to the public.
When was this S-1 filing submitted to the SEC?
The S-1 filing was submitted to the SEC on May 31, 2024.
Who is the Chief Executive Officer of 1847 Holdings LLC?
Ellery W. Roberts is the Chief Executive Officer of 1847 Holdings LLC.
Where are the principal executive offices of 1847 Holdings LLC located?
The principal executive offices are located at 590 Madison Avenue, 21st Floor, New York, NY 10022.
What is the company's state of incorporation?
1847 Holdings LLC is incorporated in Delaware.
Filing Stats: 4,622 words · 18 min read · ~15 pages · Grade level 14.9 · Accepted 2024-05-31 17:01:19
Key Financial Figures
- $625,000 — issory notes in the principal amount of $625,000 that may be converted into common share
- $1.23 — our common shares on NYSE American was $1.23 per share. There is no public market fo
- $50 m — t have an enterprise value of less than $50 million, in a variety of different indust
- $75,000 — management fees equal to the greater of $75,000 or 2% of adjusted net assets, and with
- $125,000 — management fees equal to the greater of $125,000 or 2% of adjusted net assets. The manag
- $2.00 — at a weighted average exercise price of $2.00 per share; common shares issuable upo
- $24,349,796 — es in the aggregate principal amount of $24,349,796, which are convertible into our common
- $1.00 — common shares at a conversion price of $1.00 (subject to adjustment); common share
- $2,531,250 — es in the aggregate principal amount of $2,531,250, which are convertible into our common
- $3.00 — rsion date, subject to a floor price of $3.00; common shares issuable upon the conv
- $0.01 — rsion date, subject to a floor price of $0.01; common shares issuable upon the exch
- $2,520,345 — issory notes in the principal amount of $2,520,345, which are exchangeable for our common
- $1,000 — n exchange price equal to the higher of $1,000 or the 30-day volume weighted average p
- $250,001 — y, however, receive up to approximately $250,001 from the exercise of warrants held by s
Filing Documents
- ea0207071-s1_1847hold.htm (S-1) — 222KB
- ea020707101ex5-1_1847hold.htm (EX-5.1) — 11KB
- ea020707101ex10-14_1847hold.htm (EX-10.14) — 8KB
- ea020707101ex23-1_1847hold.htm (EX-23.1) — 2KB
- ea020707101ex-fee_1847hold.htm (EX-FILING FEES) — 27KB
- image_001.jpg (GRAPHIC) — 3KB
- ex5-1_001.jpg (GRAPHIC) — 10KB
- 0001213900-24-048525.txt ( ) — 411KB
- efsh-20240331.xsd (EX-101.SCH) — 3KB
- efsh-20240331_def.xml (EX-101.DEF) — 5KB
- efsh-20240331_lab.xml (EX-101.LAB) — 8KB
- efsh-20240331_pre.xml (EX-101.PRE) — 5KB
- ea0207071-s1_1847hold_htm.xml (XML) — 1KB
Forward-Looking Statements
Forward-Looking Statements 5
Use of Proceeds
Use of Proceeds 5 Selling Shareholders 6 Plan of Distribution 7 Legal Matters 8 Experts 8 Where You Can Find More Information 8 Documents Incorporated By Reference 8 You should rely only on the information that we have provided or incorporated by reference in this prospectus, any applicable prospectus supplement and any related free writing prospectus that we may authorize to be provided to you. We have not authorized anyone to provide you with different information. No dealer, salesperson or other person is authorized to give any information or to represent anything not contained in this prospectus, any applicable prospectus supplement or any related free writing prospectus that we may authorize to be provided to you. You must not rely on any unauthorized information or representation. This prospectus is an offer to sell only the securities offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. You should assume that the information in this prospectus, any applicable prospectus supplement or any related free writing prospectus is accurate only as of the date on the front of the document and that any information we have incorporated by reference is accurate only as of the date of the document incorporated by reference, regardless of the time of delivery of this prospectus, any applicable prospectus supplement or any related free writing prospectus, or any sale of a security. i PROSPECTUS SUMMARY This summary highlights selected information that is presented in greater detail elsewhere, or incorporated by reference, in this prospectus. It does not contain all of the information that may be important to you and your investment decision. Before investing in our securities, you should carefully read this entire prospectus, including the matters set forth in the section of this prospectus titled "Risk Factors" and the financial statements and related notes and other information that we incorporate by refer