1847 Holdings prices 5M shares at $1.00 in public offering

1847 Holdings announced the pricing of its “reasonable best efforts” public offering of securities for gross proceeds of $5M, prior to deducting placement agent fees and other offering expenses payable by the Company. The public offering is comprised of 5,000,000 common shares and/or pre-funded warrants in lieu of shares, priced at a public offering price of $1.00 for one common share or pre-funded warrant. The pre-funded warrants are issuable to purchasers in lieu of common shares that would otherwise result in such purchaser’s beneficial ownership exceeding 4.99% of the Company’s outstanding common shares, if any such purchaser so chooses. Each pre-funded warrant is exercisable at any time to purchase one common share at an exercise price of $0.01 per share. The closing of the public offering is expected to occur on or about February 13, 2024, subject to the satisfaction of customary closing conditions. Spartan Capital Securities, LLC is acting as the sole placement agent in connection with the offering.