1847 Provides Update on the Sale 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 sale of 1847 Cabinets Inc. As previously announced on April 23, 2024, the Company executed a non-binding Letter of Intent ("LOI") with a prospective strategic buyer to sell all of the assets of 1847 Cabinets Inc. ("1847 Cabinets"). Under the terms of the LOI, the buyer has proposed an enterprise value of $27.6 million for the acquisition of all of the assets of 1847 Cabinets, including $11.5 million in earn-out payments over a three-year period, representing a 5.91x multiple of 2023 EBITDA of approximately $4.7 million. The transaction continues to progress through routine due diligence and the Company currently expects the transaction to close within the next 90 days. Mr. Ellery W. Roberts, CEO of 1847 Holdings, commented, "We are pleased with the progress we have made advancing this transaction. Currently, the proposed acquisition is undergoing confirmatory d
Show less
Read more
Impact Snapshot
Event Time:
EFSH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EFSH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EFSH alerts
High impacting 1847 Holdings LLC news events
Weekly update
A roundup of the hottest topics
EFSH
News
- 1847 Reports 15.0% Increase in Revenue to $14.9 Million for the First Quarter of 2024Accesswire
- Spartan Capital Securities Announces Successful Completion of 1847 Holdings LLC's $500,000 Private Placement [Yahoo! Finance]Yahoo! Finance
- 1847 Re-Engages ShareIntel to Investigate Potentially Improper and Illegal Trading Activity in the Company's Common Stock [Yahoo! Finance]Yahoo! Finance
- 1847 Re-Engages ShareIntel to Investigate Potentially Improper and Illegal Trading Activity in the Company’s Common StockAccesswire
- 1847 Provides Update on the Sale of 1847 Cabinets Inc. Accesswire
EFSH
Sec Filings
- 5/16/24 - Form 8-K
- 5/15/24 - Form 10-Q
- 5/14/24 - Form 8-K
- EFSH's page on the SEC website