Spartan Capital Securities Announces Successful Completion of 1847 Holdings LLC’s $500,000 Private Placement
15 Mayo 2024 - 3:29PM
Spartan Capital Securities LLC, a premier investment banking firm,
is pleased to announce the successful completion of a private
placement for 1847 Holdings LLC. 1847 Holdings LLC (“1847” or the
“Company”) is a diversified holding company specializing in
acquiring and managing a portfolio of cash-flow positive
businesses. The shares are traded on the OTC under the ticker
symbol “EFSH”.
The transaction has generated gross proceeds of $500,000 for
1847 Holdings LLC, prior to deductions for underwriting discounts
and other related expenses. The private placement closed on May 14,
2024, as per schedule, subject to customary closing conditions. The
capital raised through this private placement will primarily be
used to support 1847’s ongoing business operations, fund potential
future acquisitions, and enhance overall financial flexibility.
The offering was conducted on a firm commitment basis, with
Spartan Capital Securities LLC serving as the exclusive placement
agent. Bevilacqua PLLC represented 1847 Holdings LLC in this
private placement, while Sichenzia Ross Ference LLP served as
counsel for Spartan Capital Securities in connection with the
offering.
Ellery W. Roberts, CEO of 1847 Holdings LLC, expressed his
satisfaction with the private placement, stating, “We are pleased
to have successfully completed this private placement, which
provides us with the necessary capital to further our growth
strategy and continue to deliver value to our shareholders. I
extend my gratitude to Spartan Capital for their unwavering support
and expertise throughout this process.”
John Lowry, CEO of Spartan Capital Securities LLC, added, “This
successful private placement is a testament to 1847 Holdings’
strong business model and strategic vision. Our role as the
exclusive placement agent underscores our capability to lead
significant transactions that support our clients’ growth and
operational goals. We are confident that 1847 Holdings is
well-positioned for future successes and look forward to our
continued partnership.”
Spartan Capital Securities LLC extends its sincere gratitude to
1847’s management team for their collaboration and commitment
throughout the private placement process.
About Spartan Capital Securities, LLC:
Spartan Capital Securities, LLC, is a leading full-service
financial firm, providing expert investment advice to
high-net-worth individuals and institutional clients. Renowned for
its deep market knowledge, strategic risk management, and
personalized service, Spartan Capital stands as a beacon of
integrity and professionalism in the financial services
industry.
For more information, please visit www.spartancapital.com.
Contact:
Spartan Capital Securities, LLC45 Broadway, 19th FloorNew York,
NY 10006
investmentbanking@spartancapital.com