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1847 Holdings LLC
590 Madison Avenue, 21st Floor
Phone: (212) 521-4052p:212 521-4052 NEW YORK, NY  10022  United States Ticker: EFSHEFSH
On February 2, 2024, the Audit Committee of the Board of Directors of 1847 Holdings LLC, after discussions with the company’s management, determined that the consolidated financial statements for the company’s subsidiary ICU Eyewear Holdings, Inc. for the years ended December 31, 2022 and 2021, should be restated and should no longer be relied upon. The determination was based on the discovery that an impairment of an intangible asset related to a trademark that was recorded in 2022 was overstated based on a formal third-party asset valuation report. The financial impact on the financial statements of ICU as of and for the year ended December 31, 2022 is an increase in total assets of $642,000, a decrease in accumulated deficit of $642,000, and a decrease in loss from operations and net loss of $3,618,000. Management discussed the matter and determined that the effect of such error was material. As a result, ICU has decided to restate its consolidated financial statements for the years ended December 31, 2022 and 2021.
Business Summary
1847 Holdings LLC is an acquisition holding company focused on acquiring and managing a group of small businesses. The Company operates through four segments: Retail and Appliances, Retail and Eyewear, Construction and Automotive Supplies. The Retail and Appliances Segment provides laundry, refrigeration, cooking, dishwashers, outdoor, accessories, parts, and other appliance related products, and services. The Retail and Eyewear Segment provides a variety of eyewear products, such as non-prescription reading glasses, sunglasses, blue light blocking eyewear, sun readers, and others. The Construction Segment provides finished carpentry products and services, including door frames, base boards, crown molding, cabinetry, bathroom sinks and cabinets, bookcases, built-in closets, fireplace mantles, windows, and custom design and build of cabinetry and countertops. The Automotive Supplies Segment provides horn and safety products, and vehicle emergency and safety warning lights.
(Source: PROSPECTUS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022YesYes---

Industries
SIC Code Description
5722 Household appliance stores
7629 Electrical and electronic repair shops, not elsewhere classified
1751 Carpentry work
3694 Electrical equipment for internal combustion engines
5013 Motor vehicle supplies and new parts
8742 Management consulting services
3851 Ophthalmic goods
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, President, Chief Executive Officer Ellery W.Roberts 52 1/14/2021 1/22/2013
Chief Financial Officer Vernice L.Howard 52 9/7/2021 9/7/2021
Vice President - Operations Glyn C.Milburn 52 3/30/2023 1/1/2017
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
ICU Eyewear Holdings Inc. 1900 Shelton Dr Hollister CA United States
Asien's Appliance 1801 Piner Road Santa Rosa CA United States
Kyle's Custom Wood Shop, Inc. 10849 Emerald Street Boise ID United States
Wolo Manufacturing Corp. 1 Saxwood St Deer Park New York United States

Business Names
Business Name
1847 Asien Inc.
1847 Cabinet Inc.
1847 HQ Inc.
11 additional Business Names available in full report.

General Information
Number of Employees: 246 (As of 12/31/2022)
Outstanding Shares: 3,036,705 (As of 2/14/2024)
Shareholders: 52
Stock Exchange: ASE
Federal Tax Id: 383922937
Fax Number: (917) 793-5950


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Wednesday, April 24, 2024