1847 Holdings Nears $65M CMD Sale, Q2 Loss Narrows 57%
LBRA has more than doubled off its 52-week low of $0.001 on light trading volume (0.1× avg).
Summary
1847 Holdings reported Q2 2026 results showing a 57% narrower operating loss of $459K, gross margin up 600 bps to 45.4%, and operating expenses down 29%. The company also disclosed it is evaluating four non-binding offers for CMD at approximately $65 million each, a 3.5x return on its $18.8M purchase price. This follows the 10-Q filed earlier today confirming going concern doubt and a $41.4M working capital deficit, making the CMD sale critical for debt repayment. The improved operating performance and positive H1 operating cash flow of $712K provide some support, but the CMD transaction remains the key value driver. Watch for execution of a definitive agreement and closing within 60 days as stated by management.
At the time of this announcement, LBRA was trading at $0.01 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $353.4K. The 52-week trading range was $0.00 to $0.03. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.