M&A - 1847 Holdings LLC

Form Type: 8-K/A

Filing Date: 2025-02-14

Corporate Action: Acquisition

Type: Update

Accession Number: 000121390025014453

Filing Summary: 1847 Holdings LLC, through its subsidiary 1847 CMD Inc., has completed the acquisition of all issued and outstanding stock of CMD Inc., along with all membership interests in CMD Finish Carpentry LLC. This deal was formalized through a stock and membership interest purchase agreement, with the initial agreement signed on November 4, 2024, and amendments on December 5 and December 13, 2024. The current filing amends a previous Form 8-K filed on December 18, 2024, to include the required financial statements of the acquired businesses, including audited and unaudited financials, as well as pro forma information. Financial statements for the CMD Companies for 2023, 2022, and the first nine months of 2024 are included as exhibits, along with various agreements related to the acquisition, such as warrants and purchase agreements.

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Form Type: 8-K

Filing Date: 2025-02-11

Corporate Action: Acquisition

Type: New

Accession Number: 000121390025011890

Filing Summary: 1847 Holdings LLC has received interest from a third party regarding a potential acquisition of its subsidiary, CMD Inc., which specializes in cabinetry, millwork, and door manufacturing. Currently, the discussions are in an early phase, and there is no guarantee that a deal will be finalized. The company has stated that it will not provide further updates unless a definitive agreement is reached or disclosure is mandated by law. This action is being communicated to ensure compliance with Regulation FD and to avoid any inappropriate disclosure of confidential information.

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Form Type: 8-K

Filing Date: 2024-12-18

Corporate Action: Acquisition

Type: New

Accession Number: 000121390024110185

Filing Summary: On December 16, 2024, 1847 Holdings LLC completed the acquisition of CMD Inc. and CMD Finish Carpentry LLC through its subsidiary, 1847 CMD Inc. This acquisition, which was originally agreed upon on November 4, 2024, involved a total purchase price of $18.75 million, with $17.75 million in cash and a promissory note for $1.05 million. The acquisition is subject to a post-closing working capital adjustment. Additionally, a management services agreement was established between 1847 CMD and 1847 Partners LLC for ongoing management services. The company also executed a securities purchase agreement to raise approximately $11.42 million through the issuance of units comprising common shares and warrants. Furthermore, there are provisions for shareholder approval for future exercises of warrants at adjusted prices.

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