EFSH 1847 Holdings LLC

SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

1847 Holdings LLC

(Name of Issuer)

Common Shares

(Title of Class of Securities)

28252B861

(CUSIP Number)

October 29, 2024

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

☐ Rule 13d-1(b)

 

☒ Rule 13d-1(c)

 

☐ Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities and Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

CUSIP No. 28252B861

13G

Page 2 of 5 Pages

 

1	NAME OF REPORTING PERSONS
	S.H.N. Financial Investments Ltd.
2	CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP
	(a)  ☐
	(b)  ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Israel
		5	SOLE VOTING POWER
			909,178 (1)(2)(3)
NUMBER OF		6	SHARED VOTING POWER
SHARES
BENEFICIALLY			0
OWNED BY		7	SOLE DISPOSITIVE POWER
EACH REPORTING
PERSON WITH			909,178 (1)(2)(3)
		8	SHARED DISPOSITIVE POWER
			0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	909,178 (1)(2)(3)
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
	☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	9.99% (3)
12	TYPE OF REPORTING PERSON
	OO (4)

 

(1)

Represents 555,555 of the Issuer’s Common Shares purchased by the Reporting Person and 353,623 shares of the Issuer’s Common Shares issuable upon the exercise of Series A Warrants, which are subject to a 9.99% beneficial ownership limitation.

 

(2)

Does not include Common Shares underlying 201,932 Series A Warrants, which are subject to a 9.99% beneficial ownership limitation and 555,555 Series B Warrants, which are also subject to a 9.99% beneficial ownership limitation. Also assumes that no shareholder approval for the exercise of the Series A Warrants or Series B Warrants will be required by the NYSE American.

 

(3)

Based on 8,747,262 Common Shares outstanding upon the closing of an offering based on the Issuer’s Prospectus on Form 424(b)(4) filed with the Securities and Exchange Commission (“SEC”) on October 30, 2024.

 

(4)

The Reporting Person has not acquired the securities with any purpose, or with the effect, of changing or influencing the control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect, including any transaction subject to Rule 13d-3(b).

 

 

 

 

CUSIP No.  28252B861

13G

Page 3 of 5 Pages

 

Item 1. Security and Issuer.

 

(a)

Name of Issuer:

 

1847 Holdings LLC

(b)

Address of Issuer:

 

590 Madison Avenue, 21^st Floor

New York, NY 10022

 

Item 2. Identity and Background.

 

(a)	Name of Person Filing:
	S.H.N. Financial Investments Ltd.
(b)	Address of Principal Business Office or, if none, Residence:
	Herzliya Hills Arik Einstein 3, Israel, 4610301
(c)	Citizenship or Place of Organization:
	Israel
(d)	Title of Class of Securities:
	Common Shares
(e)	CUSIP Number:
	28252B861

 

Item 3.

 

Not applicable.

 

 

 

 

 

CUSIP No. 28252B861

13G

Page 4 of 5 Pages

 

Item 4. Ownership.

 

(a)

The information required by Items 4(a)-(c) is set forth in Rows (5)-(9) and Row (11) of the cover page and is incorporated herein by reference.

 

(b)

The percentage set forth on Row (11) of the cover page for the reporting person is based on 8,747,262 Common Shares outstanding upon the closing of an offering based on the Issuer’s Prospectus on Form 424(b)(4) filed with the SEC on October 30, 2024.

 

(c)

Nir Shamir is the Chief Executive Officer of SHN. As such, SHN and Mr. Shamir may be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the securities described herein. To the extent Mr. Shamir is deemed to beneficially own such securities, Mr. Shamir disclaims beneficial ownership of these securities for all other purposes.

  

Item 5.

Ownership of 5 Percent or Less of a Class.   If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐

 

Item 6.

Ownership of More than 5 Percent on Behalf of Another Person.

 

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9.

Notice of Dissolution of Group.

 

Not applicable.

 

Item 10.

Certifications.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 

 

CUSIP No.  28252B861

13G

Page 5 of 5 Pages

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct.

 

	By:	S.H.N. Financial Investments Ltd.
November 5, 2024	By:	/s/ Nir Shamir
		Nir Shamir, Chief Executive Officer

 

 

 

 

 

 

 

 

 

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