1847 Holdings announces 1-for-4 reverse split

1847 Holdings announced that it will effect a 1-for-4 reverse split of its common shares that will become effective on January 8, 2024. 1847’s common shares will continue to trade on NYSE American under the symbol “EFSH” and will begin trading on a split-adjusted basis when the market opens on January 8, 2024. The new CUSIP number for the common shares following the reverse split will be 28252B879. The reverse split will reduce the number of outstanding shares of the company’s common shares from approximately 3.43M shares to approximately 0.86M shares and also reduce the company’s float from approximately 3.40M shares to approximately 0.85M shares.