F9 Investments, LLC, Thomas D. Sullivan and Jason Delves cancelled the acquisition of remaining 91.2% stake in LL Flooring Holdings, Inc. (NYSE:LL) from Isaac Capital Group, LLC and others.
F9 Investments, LLC, Thomas D. Sullivan and Jason Delves cancelled the acquisition of remaining 91.2% stake in LL Flooring Holdings, Inc. (NYSE:LL) from Isaac Capital Group, LLC and others on January 18, 2024. F9 and CTG sent a letter to the CEO and Chairperson of the Board to LL withdrawing the offer set forth in the letter to acquire all of the outstanding shares of common stock of LL for $3.00 per share in light of LL?s demand that as a prerequisite to engaging with the reporting persons, the reporting persons enter into agreements that may hinder their ability to take actions designed to maximize the value of their investment in LL.