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Agree. Hoping To see some nice profit our way. Best to you in all you invest in.
Once they complete that acquisition of Appliances Connection, this will be a huge company!
https://www.appliancesconnection.com/
Appliances Connection is also a GSA contract holder!
https://www.appliancesconnection.com/gsa.html
In this market? Little surprises me!
At this point it is like buying a wallet with more cash in it than the wallet costs!
It is literally supply and demand with a temporary oversupply!
How does $30M cap co Borrow+$200M this is a huge coup never seen this happen before
Seems to be a no-brainer here...
Trading below Cash- businesses valued at Zero
Offering closing on Wednesday, looking forward to a great week ahead IMO
$GOED
Thanks for the heads up, I am in with you! Enjoy your Memorial Day weekend. Stay safe, and talk next week. Hoping to make a nice ROI here with you.
Traded at 16.00+ yesterday before the offering, looking at a possible 2-3 bagger from here IMO
$GOED
Hey Sharky!
What is your target?
The offering is expected to close on June 2, 2021, subject to satisfaction of customary closing conditions.
$GOED
End to offering next week. :)
$GOED
What are you expecting next week? Thanks for any info.
June 2nd next week. ;)
$GOED
Don’t be fooled $$$
Little risk in the $1.80's here memorial weekend started already no quick bounce
They will have a ton of cash on hand to form solid support!
Picked some up this morning.
Looks to be a good risk/reward here...
Good luck to you...and stay safe.
To cheap not to and huge bounce inevitable
SEC investigation is warranted. Terrible thing.
LOL...THAT WAS MOOONZ AGO...THE ENRON DAYZZZ....GONE WITH THE WIND PAL...TIME TO MOVE ON~ GL 2U~ HAPPY HOLIDAY~
Forget what she puffed she was blistering mad that she served time in prison for some poster child drama around her "inside trading" which had a few victims who could not have their extra cookie for just a week.
LOL...SHE SAID SHE ONLY EATZZZ THE GUMMIEZZZ..SHE DONT PUFF...YEA OK..LMFAO~
Martha Steward just took another puff on the weed after seeing this.
WITH OUT A DOUBT PAL...I AGREE WITH YOU 100%....SO FISHY...YOU CAN TASTE IT~ YUCK~
There was a coordinated Market Maker manipulation to run this up to $20 dollars. And there was a coordinated dump of shares by the insiders.
More than likely this company is going to get sued in a Class-Action lawsuit.
I DONT GET IT EITHER...THE OFFERING OF 91 MILLION @ $2.25 HIT LATE IN AH SESSION...IT STARTED TO TANK HARD ON MASSIVE VOLUME? IT IS DOWN ALMOST 20% BELOW OFFERING PRICE....WTF IS GOIN ON HERE? I CANT MAKE ANY SENSE OF THIS...
I don't know what to say about this one. Yesterday's trading was wild. And today's dump of shares was extreme (91 million).
YEA...WTF...WHAT IS THE DEAL HERE PAL??
YOUR $1.89 BELOW OFFERIN ENTRY IS A GAMBLE? THIS IS FICKLE ONE~ SOMETHING FISHY HERE...POPPED TO $20 YESTERDAY ON HALT JOB THEN SHORTED ALL DAY THEN EVENING NEWZZZ OF OFFERING @ $2.25 AND GOES 15% BELOW THAT ON BIG VOLUME...SOMEONE HAS LOT OF SHAREZZZZZ HERE~ WHAT IS YOUR TAKE PAL? PLEASE ADVISE? TY
Wow -- public offering of 91,111,111 units...at $2.25.
Outdoor Furniture Dining Patios is red hot
GOED Im averaging down here once this country completely opens back up this company will show its true potential with exploding revenues with acquisitions patience and time is all we need insiders know!
Goed very bullish, to say nice share price appreciation since 12/01/20 would be an understatement its been a rocketship up over 109%,with that being said im super bullish my target price was $19-$20 by year end now I may have to raise it to $27-$30 Im really excited to see our next quarterly report!
GOED investors are Accumulating shares for next years big expected revenue for 2021.
Super exciting Conference Call ....GOED is very undervalued @ 6.54 im fastening my seatbelt this rocketship is ready for take off back to its 52 week high and blue skys Let's Go!!!
Yes sir. Basically free money is, well, basically free. I have a small personal debt with no interest to a wealthy family member. I make my minimum payments every month and she likely finds more hassle in cashing the check than needing the money back. I could have paid her off by now, but I have other debut with high interest, so doing so would not make sense.
I didn't even need to pay it back...it was offered for free. Which is another point: with so much public policy in flux, how did $GOED know they WOULD have to pay part or all of it back? They could have just paid back money that will be forgiven in six months or six years.
In short, it was a really stupid move.
The basic rule of thumb is you always keep cheap interest in order to fuel operations.
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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. |
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.
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