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1847 Holdings Expands Share Authorization and Equity Plan

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1847 Holdings Expands Share Authorization and Equity Plan

An update from 1847 Holdings ( (EFSH) ) is now available.

On March 11, 2025, 1847 Holdings LLC amended its Second Amended and Restated Operating Agreement to increase the number of authorized common shares from 500 million to 2 billion. Additionally, the 2023 Equity Incentive Plan was amended to increase the share reserve to 5 million common shares. These changes were approved by the Board of Directors on December 30, 2024, and by shareholders on March 11, 2025, during a special meeting. The meeting also saw the redemption of series E preferred shares and approval of several proposals, including adjustments to warrant exercise prices and the potential adjournment of the meeting if necessary. This expansion in share authorization and equity plan adjustments is likely to impact the company’s capital structure and shareholder value.

More about 1847 Holdings

YTD Price Performance: -53.47%

Average Trading Volume: 2,532,118

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $3.57M

Learn more about EFSH stock on TipRanks’ Stock Analysis page.

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