1847 Holdings prices $1.87M public offering at $0.20 per share

1847 Holdings announced the pricing of its “reasonable best efforts” public offering of securities for gross proceeds of approximately $1.869 million, prior to deducting placement agent fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes, which could include working capital to support the growth of the Company’s subsidiaries. The public offering is comprised of 9,345,000 shares of common shares and/or pre-funded warrants in lieu of shares, priced at a public offering price of $0.20 for one common share or pre-funded warrant. Spartan Capital Securities, LLC is acting as the exclusive placement agent in the offering as bookrunner for this offering.