Core Viewpoint - 1847 Holdings LLC is transitioning its common shares to the OTCQB® Venture Market to enhance trading access and visibility for shareholders following a delisting from NYSE American [1][2]. Company Performance - The company reported a revenue growth of over 380% in Q1 2025, significant gross profit expansion, and meaningful debt reduction through strategic initiatives, including the divestiture of High Mountain Door & Trim Inc. for approximately $17 million [2]. - The company reaffirms its 2025 guidance with expected revenue exceeding $45 million and net income of approximately $1.3 million, and anticipates revenue surpassing $60 million with net income rising to approximately $5.0 million in 2026 [2]. Strategic Initiatives - The company aims to strengthen its financial performance and balance sheet by acquiring, enhancing, and monetizing undervalued businesses, which is part of its disciplined approach to value creation [2][4]. - Following the delisting from NYSE American, the company plans to reapply for listing on a national securities exchange at an appropriate time as it continues to execute its strategy [2]. Company Background - 1847 Holdings LLC is a diversified acquisition holding company that focuses on identifying overlooked, deep-value investment opportunities in middle market businesses [1][4]. - The company believes that capital market inefficiencies have left many small business stakeholders with limited exit options, allowing 1847 Holdings to acquire businesses at reasonable multiples of cash flow [4].
1847 Holdings Initiates Transition to OTCQB Market Following NYSE American Delisting Decision