1847 Holdings LLC announced that it has closed an unsecured debt financing with certain institutional and other accredited investors. The Company issued to the Investors 20% OID subordinated promissory notes in the aggregate principal amount of $3,125,000 and warrants for the purchase of an aggregate of 4,098,361 common shares for a total purchase price of $2,500,000 in a private placement transaction. Spartan Capital Securities LLC acted as the sole placement agent on this transaction.