1847 Holdings filed a Request for Withdrawal with the SEC on March 22 relating to withdrawal of the company’s Registration Statement on Form S-3, filed with the Commission on February 1, 2023. The registration statement, which covered shares issuable upon the exercise of a warrant that was declared as a dividend, is no longer needed because those shares may now be issued under an exemption from the registration requirements of the Securities Act. The company confirms that no shares have been sold pursuant to the Registration Statement. Ellery Roberts, CEO of 1847 stated, “It is important to make sure our shareholders understand that we are not actively raising capital, nor are we intending to issue shares this time. In our view, leaving an open registration statement conveys the wrong message to shareholders.”
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