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Created: 09/03/2020 10:08:51 AM - Followers: 20 - Board type: Free - Posts Today: 0

1847 Goedeker Inc.



1847 Goedeker Inc. is an industry leading e-commerce destination for appliances, furniture, and home goods. Through its June 2021 acquisition of Appliances Connection, Goedekers created the largest pure-play online retailer of household appliances in the US. With warehouse fulfilment centers in the Northeast and Midwest, as well as showrooms in Brooklyn, New York, and St. Louis, Missouri, Goedekers is a respected nationwide omnichannel retailer that offers one-stop shopping for national and global brands. Goedekers and Appliances Connection carry many household name-brands, including Bosch, Cafe, Frigidaire Pro, Whirlpool, LG, and Samsung, and also carries many major luxury appliance brands such as Miele, Thermador, La Cornue, Dacor, Ilve, Wolf, Jenn-Air, Viking among others and sells furniture, fitness equipment, plumbing fixtures, televisions, outdoor appliances, and patio furniture, as well as commercial appliances for builder and business clients. Learn more at www.Goedekers.com.
 


This is Appliances Connection that GOED now owns:

https://www.appliancesconnection.com/aboutus.html



 

We are offering 91,111,111 units, each unit consisting of one share of our common stock, par value $0.0001 per share, and a warrant to purchase one share of common stock, in connection with our simultaneous acquisition of all of the issued and outstanding capital stock or other equity securities of 1 Stop Electronics Center, Inc., Gold Coast Appliances, Inc., Superior Deals Inc., Joe’s Appliances LLC and YF Logistics LLC (commonly known as Appliances Connection) as described in more detail in this prospectus. The warrants included within the units are exercisable immediately, have an exercise price of $2.25 per share and expire five years from the date of issuance. The shares of common stock and warrants contained in the units are immediately separable and will be issued separately.

Our common stock is listed and traded on NYSE American under the symbol “GOED.” On May 27, 2021, the last reported sale price for our common stock was $6.07 per share. The warrants have been approved for trading on NYSE American under the symbol “GOED WS” and will commence trading on May 28, 2021. In connection with this offering, we have applied for the listing of our common stock and warrants on the New York Stock Exchange, or the NYSE, however, we do not currently meet the minimum share price requirements of the NYSE and will not be able to list our common stock and warrants on the NYSE unless we meet such minimum share price and other listing requirements of the NYSE.

We are an “emerging growth company” as defined in Section 2(a) of the Securities Act of 1933, as amended, and are subject to reduced public company reporting requirements.

Investing in our securities involves risks that are described in the “Risk Factors” section beginning on page 25 of this prospectus.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

   

Per Unit

 

Total

Public offering price

 

$

2.2500

 

$

205,000,000

Underwriting discounts and commissions(1)

 

$

0.1575

 

$

14,350,000

Proceeds, before expenses, to us

 

$

2.0925

 

$

190,650,000

____________

(1)      See “Underwriting” beginning on page 124 for additional information regarding underwriting compensation.

We have granted a 30-day option to the underwriters to purchase up to 2,000,000 additional shares of common stock and/or warrants to purchase up to 2,000,000 additional shares of common stock, in any combination thereof, solely to cover over-allotments, if any.

Certain of our existing stockholders and certain of our officers, directors, employees and related persons, have indicated an interest in purchasing an aggregate of approximately 2,779,600 units in this offering at the public offering price. However, because indications of interest are not binding agreements or commitments to purchase, the underwriters may determine to sell more, fewer or no units in this offering to these persons, and any of these persons may determine to purchase more, fewer or no units in this offering. The underwriters will receive the same underwriting discount on any units purchased by these persons as they will on any other units sold to the public in this offering.

The units will be ready for delivery on or about June 2, 2021.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
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  • 3Y
  • 5Y
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Post Subject
#1060
SA: GOED writeup from this morning bar1080 12/07/2021 08:01:24 PM
#1471
Off 70.2% YTD!!!!!!!!!!!!!!!!!!!!!!!!!! bar1080 09/09/2022 01:14:35 PM
#1470
From viewing multiple boards, not just IHUB, *nobody* bar1080 09/09/2022 01:01:09 PM
#1469
If someone actually cares... it certainly isn't me! Stock_Barber 08/31/2022 01:47:36 PM
#1468
Plenty of class action law firms watching this. Plenty. bar1080 08/31/2022 01:26:27 PM
#1467
So call them up and complain... Stock_Barber 08/31/2022 01:14:43 PM
#1466
Hilarious. The name change was planned many months bar1080 08/31/2022 01:05:33 PM
#1465
The whole website is under construction after the Stock_Barber 08/31/2022 12:40:32 PM
#1464
Try putting a product in their website shopping bar1080 08/31/2022 12:21:34 PM
#1463
Thanks... it is so difficult to look 6 Stock_Barber 08/27/2022 01:38:20 PM
#1462
Down 6.7% yesterday to $0.75. bar1080 08/27/2022 10:36:41 AM
#1461
Remarkably crappy POL is off another 3.5%. As bar1080 08/19/2022 02:09:58 PM
#1460
I saw it... and yawned... Stock_Barber 08/17/2022 01:56:48 PM
#1458
"NT 10-Q 1 ea164372-nt10q_polished.htm NOTIFICATION OF LATE FILING bar1080 08/17/2022 01:55:21 PM
#1457
I have. Stock_Barber 08/17/2022 01:44:30 PM
#1456
Google "Goedeker's" or "Polished" and "class action" bar1080 08/17/2022 01:24:32 PM
#1455
While we really don't know what this news Stock_Barber 08/17/2022 10:04:13 AM
#1454
Up 40% off its lows in just a Stock_Barber 08/12/2022 12:51:26 PM
#1453
$POL: What the hell....... $153Milly Q1-2022 SALES ?????? makinezmoney 08/03/2022 09:28:50 AM
#1452
1847 Goedeker Inc., GOED, changed to Polished.com Inc., POL: Renee 08/03/2022 08:21:50 AM
#1451
Off ANOTHER 5% today. bar1080 07/26/2022 03:17:06 PM
#1450
Polished, hmmm MiamiGent 07/24/2022 11:15:39 AM
#1449
Off 3.25% its first day as "POLished" on bar1080 07/22/2022 09:37:23 PM
#1448
GOED headed for the NYSE American as POL tomorrow! Stock_Barber 07/21/2022 05:28:43 PM
#1447
1847 Goedeker Announces Plan to Re-Brand as Polished Stock_Barber 07/12/2022 08:59:49 AM
#1446
On December 22, 2021, the Company amended its Stock_Barber 07/07/2022 08:03:39 PM
#1445
$1.20, another all-time low I believe for this bar1080 06/30/2022 12:44:19 PM
#1444
Well stated, SB. MiamiGent 06/19/2022 04:30:13 PM
#1442
Ditto! But GOED is obviously NOT a blue chip Stock_Barber 06/16/2022 01:15:14 PM
#1441
None of my stocks (all are blue chips) bar1080 06/16/2022 12:53:04 PM
#1440
Many stocks are in the same position... Stock_Barber 06/16/2022 12:25:09 PM
#1439
All-time low bar1080 06/16/2022 12:19:41 PM
#1438
GOED MiamiGent 05/16/2022 01:22:45 PM
#1437
Quarterly out! Stock_Barber 05/16/2022 09:07:46 AM
#1436
GOED https://investor.goedekers.com/events-and-presentations/event-details/2022/ MiamiGent 05/11/2022 09:03:59 AM
#1435
$1.26. What junk. The audited numbers should be bar1080 05/09/2022 10:00:19 PM
#1434
That link doesn't work... Stock_Barber 05/05/2022 11:22:59 PM
#1433
St Louis Post Dispatch "Steve Goedeker says his bar1080 05/05/2022 11:09:09 PM
#1431
GOED Traders trade a stock. Wring profits out. MiamiGent 04/26/2022 07:33:04 PM
#1430
$1.38 LOLOLOL! bar1080 04/26/2022 08:21:36 AM
#1428
Thanks MG! Stock_Barber 04/17/2022 12:13:06 PM
#1427
Hi guys, I just removed myself as Ass't MiamiGent 04/17/2022 11:59:20 AM
#1426
Me too! Took my gains on the Stock_Barber 04/05/2022 05:50:09 PM
#1425
Yeah, I'm glad you bought into it too. bar1080 04/05/2022 05:05:47 PM
#1424
$2.15 close... Stock_Barber 04/01/2022 04:27:00 PM
#1423
So is GOED done fiddling with and correcting bar1080 04/01/2022 01:31:17 PM
#1422
$2.10! Huge gains... glad I bought into this great Stock_Barber 04/01/2022 11:50:46 AM
#1421
Clarifying a Press Release... how terrible... Stock_Barber 03/31/2022 06:42:10 PM
#1420
Hilarious. Already been amended and restated. Do these bar1080 03/31/2022 06:36:18 PM
#1419
We get an "Investor Presentation" from this stinky bar1080 03/31/2022 04:15:39 PM
#1418
I’m sure that you remember that BRK was Enterprising Investor 03/31/2022 03:05:39 PM
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