1847 Holdings Initiates OTCQB Listing Following NYSE American Delisting Decision

1847 Holdings has initiated the transition to the OTCQB Market after being delisted from NYSE American. The company has submitted an application for quotation and expects trading to commence upon approval. 1847 Holdings aims to strengthen its financial performance and balance sheet, having delivered revenue growth of over 380% in Q1 2025, significant gross profit expansion, and meaningful debt reduction through strategic initiatives. The company reaffirms its 2025 guidance and anticipates revenue to surpass $60 million with net income rising to approximately $5.0 million in 2026.

New York, NY - July 2, 2025 - 1847 Holdings LLC (EFSH) has begun the process of transitioning to the OTCQB Market after being delisted from NYSE American. The company submitted an application for quotation on the OTCQB Venture Market, operated by OTC Markets Group Inc., following the suspension of trading on NYSE American on April 3, 2025.

The delisting decision by NYSE American was due to the low selling price of the company's common shares, as per Section 1003(f)(v) of the NYSE American Company Guide. Despite requesting a review by a Listing Qualifications Panel, the determination to uphold the delisting was made on July 1, 2025. NYSE American plans to file a Form 25 with the U.S. Securities and Exchange Commission (SEC) to finalize the delisting process, which will be effective 90 days after the filing, or a shorter period as determined by the SEC [1].

1847 Holdings has been actively pursuing strategic initiatives to bolster its financial performance and balance sheet. In Q1 2025, the company achieved revenue growth of over 380%, significant gross profit expansion, and meaningful debt reduction. The company reaffirms its 2025 guidance, projecting revenue to surpass $60 million and net income to rise to approximately $5.0 million by 2026.

The transition to the OTCQB Market is expected to provide 1847 Holdings with increased liquidity and visibility, as well as access to a broader range of investors. The company will announce the date of commencement of trading on the OTCQB Venture Market once the application is approved [1].

References:
[1] https://www.stocktitan.net/sec-filings/EFSH/8-k-1847-holdings-llc-reports-material-event-a25aa06dcfaf.html