Articles from LL Flooring Holdings, Inc.
LL Flooring Completes Sale to F9 Investments
LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (OTC Pink: LLFLQ), today announced that the Company has completed the previously announced going-concern sale of the business to F9 Investments for the acquisition of 219 stores, inventory in those stores, LL Flooring’s intellectual property and other company assets. LL Flooring also today announced the completion of its previously disclosed private sale of the Sandston distribution center. With the completion of the sale transactions, the court-supervised sale process has concluded.
By LL Flooring Holdings, Inc. · Via Business Wire · October 1, 2024
LL Flooring Signs Agreement with F9 Investments for Going-Concern Sale of Business
LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (OTC Pink: LLFLQ), today announced that, as part of its ongoing Chapter 11 process, the Company has signed an agreement with F9 Investments for a going-concern sale of the business. Under the terms of the asset purchase agreement, F9 Investments will acquire 219 stores, inventory in those stores and in the Company’s Sandston, Virginia, distribution center, LL Flooring’s intellectual property and other company assets. The transaction is expected to be completed by the end of September, subject to approval by the Bankruptcy Court and other closing conditions.
By LL Flooring Holdings, Inc. · Via Business Wire · September 6, 2024
LL Flooring Receives NYSE Notice of Delisting
LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL), today announced that the Company was informed on August 12, 2024 by the New York Stock Exchange (“NYSE”) that based on the Company’s and certain of its direct and indirect subsidiaries’ voluntary petitions for relief under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “Chapter 11 proceedings”), the staff of NYSE Regulation determined that the Company is no longer suitable for listing pursuant to the NYSE Listed Company Manual Section 802.01D, and accordingly, determined to commence proceedings to delist the common stock of the Company from the NYSE and suspend trading in the Company’s common stock immediately.
By LL Flooring Holdings, Inc. · Via Business Wire · August 13, 2024
LL Flooring Initiates Voluntary Chapter 11 Process
LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL), today announced that the Company and certain of its subsidiaries have commenced voluntary Chapter 11 reorganization proceedings in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). LL Flooring intends to use these proceedings to pursue a going-concern sale of its business.
By LL Flooring Holdings, Inc. · Via Business Wire · August 11, 2024
LL Flooring’s Board Reminds Shareholders to Vote the Universal WHITE Proxy Card “FOR” ONLY LL Flooring’s Three Highly Qualified Director Nominees in Advance of Annual Meeting of Stockholders
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today reminds all shareholders to vote the universal WHITE proxy card “FOR” ONLY LL Flooring’s three highly qualified director nominees in advance of the Company’s 2024 Annual Meeting of Stockholders, scheduled to take place on July 10, 2024. Shareholders are encouraged to visit www.VoteLLFlooring.com for more information and voting instructions. As shareholders consider their vote, LL Flooring reminds them of three critical factors to inform their decision:
By LL Flooring Holdings, Inc. · Via Business Wire · July 3, 2024
LL Flooring Mails Letter to Shareholders Highlighting Thomas Sullivan’s Track Record of Value Destruction
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today mailed a letter to shareholders in connection with the Company’s upcoming 2024 Annual Meeting of Stockholders.
By LL Flooring Holdings, Inc. · Via Business Wire · June 18, 2024
LL Flooring Files Investor Presentation Highlighting Decisive Actions Taken to Drive Growth and Position the Company for Long-Term Success
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its 2024 Annual Meeting of Stockholders on July 10, 2024. The presentation is available at https://www.votellflooring.com/company-resources.
By LL Flooring Holdings, Inc. · Via Business Wire · June 17, 2024
LL Flooring Mails Letter to Shareholders Highlighting Thomas Sullivan’s Conflict of Interest and Personal Agenda in Proxy Contest
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today mailed a letter to shareholders in connection with the Company’s upcoming 2024 Annual Meeting of Stockholders.
By LL Flooring Holdings, Inc. · Via Business Wire · June 11, 2024
LL Flooring Mails Letter to Shareholders Highlighting Board’s Highly Qualified and Engaged Directors
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today mailed a letter to shareholders in connection with the filing of its definitive proxy statement with the Securities and Exchange Commission (“SEC”) for its upcoming 2024 Annual Meeting of Stockholders. The Company also launched www.VoteLLFlooring.com, which provides additional information and resources to help shareholders vote at the 2024 Annual Meeting of Stockholders. The letter contains critical information for shareholders’ decision making, including:
By LL Flooring Holdings, Inc. · Via Business Wire · June 3, 2024
LL Flooring Reports First Quarter 2024 Financial Results
LL Flooring Holdings, Inc. ("LL Flooring" or "Company") (NYSE: LL), a leading specialty retailer of flooring in the U.S., today announced financial results for the quarter ended March 31, 2024.
By LL Flooring Holdings, Inc. · Via Business Wire · May 8, 2024
LL Flooring Provides Update on Strategic Alternatives Review
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today provided an update on its previously announced strategic alternatives review process and separately announced a cooperation agreement signed with Live Ventures Incorporated (“Live Ventures”) (NASDAQ:LIVE), a diversified publicly traded holding company, and Isaac Capital Group regarding director nominations to the Company’s Board of Directors.
By LL Flooring Holdings, Inc. · Via Business Wire · April 29, 2024
LL Flooring to Host First Quarter 2024 Results Call on May 8, 2024
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to host a conference call and audio webcast on May 8, 2024, at 8:00 a.m. Eastern Time. The conference may be accessed by dialing (833) 470-1428 or (404) 975-4839 and entering pin number 387152. You may also use this link in lieu of speaking to an operator. A replay will be available approximately two hours after the call ends through May 15, 2024 and may be accessed by dialing (929) 458-6194 and entering pin number 430159. The live conference call and replay can also be accessed via audio webcast at the Investor Relations section of the Company's website, www.LLFlooring.com.
By LL Flooring Holdings, Inc. · Via Business Wire · April 25, 2024
LL Flooring Reports Fourth Quarter and Full Year 2023 Financial Results
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard and soft surface flooring in the U.S., today announced financial results for the fourth quarter and year ended December 31, 2023.
By LL Flooring Holdings, Inc. · Via Business Wire · March 1, 2024
LL Flooring to Host Fourth Quarter and Full Year 2023 Results Call on March 4, 2024
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to host a conference call and audio webcast on March 4, 2024, at 8:00 a.m. Eastern Time. The conference may be accessed by dialing (833) 470-1428 or (929) 526-1599 and entering pin number 918613. You may also use this link in lieu of speaking to an operator. A replay will be available approximately two hours after the call ends through March 11, 2024 and may be accessed by dialing (929) 458-6194 and entering pin number 285260. The live conference call and replay can also be accessed via audio webcast at the Investor Relations section of the Company's website, www.LLFlooring.com.
By LL Flooring Holdings, Inc. · Via Business Wire · February 26, 2024
LL Flooring Reports Third Quarter 2023 Financial Results
LL Flooring Holdings, Inc. ("LL Flooring" or "Company") (NYSE: LL), a leading specialty retailer of hard-surface flooring in the U.S., today announced financial results for the quarter ended September 30, 2023.
By LL Flooring Holdings, Inc. · Via Business Wire · November 8, 2023
LL Flooring to Report Third Quarter 2023 Results on November 8, 2023
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to release third quarter 2023 financial results on Wednesday, November 8, 2023.
By LL Flooring Holdings, Inc. · Via Business Wire · October 25, 2023
LL Flooring Confirms Receipt of Unsolicited, Non-Binding Proposal from Live Ventures Incorporated
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today confirmed that it has received an unsolicited, non-binding proposal from Live Ventures Incorporated (“Live Ventures”) to acquire all of the outstanding shares of the Company for $5.85 per share in cash.
By LL Flooring Holdings, Inc. · Via Business Wire · October 12, 2023
LL Flooring Board of Directors Announces Exploration of Strategic Alternatives to Maximize Shareholder Value
LL Flooring Holdings, Inc. (“LL Flooring” or the “Company”) (NYSE: LL) today announced that its Board of Directors has initiated an exploration of strategic alternatives in response to receipt of multiple inbound expressions of interest regarding a potential transaction with the Company. As part of this process, the Board will consider a wide range of options for the Company including, among other things, a potential sale, merger or other strategic transaction.
By LL Flooring Holdings, Inc. · Via Business Wire · August 14, 2023
Grant of Employment Inducement Awards
LL Flooring Holdings, Inc. (NYSE: LL) (the "Company"), a leading specialty retailer of hard-surface flooring in the U.S., today announced the grant of employment inducement awards to Robert Madore, Andrew Wadhams, Laura Massaro and one new vice president. The Company announced on July 6, 2023 that Mr. Madore had been appointed as Executive Vice President, Chief Financial Officer; Mr. Wadhams had been named as Senior Vice President, Retail and Commercial Sales; and Laura Massaro had been named as Senior Vice President, Chief Marketing Officer, each effective upon commencement of their employment with the Company on July 10, 2023.
By LL Flooring Holdings, Inc. · Via Business Wire · August 11, 2023
LL Flooring Reports Second Quarter 2023 Financial Results
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in the U.S., today announced financial results for the quarter ended June 30, 2023.
By LL Flooring Holdings, Inc. · Via Business Wire · August 9, 2023
LL Flooring to Report Second Quarter 2023 Results on August 9, 2023
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in North America, today announced that it intends to release second quarter 2023 financial results on Wednesday, August 9, 2023.
By LL Flooring Holdings, Inc. · Via Business Wire · July 26, 2023
LL Flooring Announces Leadership Appointments
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in the U.S., today announced three new leadership team appointments, all effective July 10, 2023. Mr. Robert L. Madore has been appointed as Executive Vice President, Chief Financial Officer, replacing Interim Chief Financial Officer Terry Blanchard; Andrew W. Wadhams has been named as Senior Vice President, Retail and Commercial Sales; and Laura Massaro has been named as Senior Vice President, Chief Marketing Officer.
By LL Flooring Holdings, Inc. · Via Business Wire · July 6, 2023
LL Flooring Board of Directors Unanimously Rejects Unsolicited Proposal from Cabinets To Go, Subsidiary of F9 Brands, Inc.
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today announced that its Board of Directors has unanimously rejected an unsolicited, non-binding proposal from Cabinets To Go, LLC (“Cabinets To Go”), a subsidiary of F9 Brands, Inc., to acquire all of LL Flooring’s outstanding shares for $5.76 per share in cash. The Company previously acknowledged receipt of the unsolicited proposal from Cabinets To Go on May 30, 2023.
By LL Flooring Holdings, Inc. · Via Business Wire · June 26, 2023
LL Flooring Confirms Receipt of Unsolicited, Non-Binding Proposal from Cabinets To Go, Subsidiary of F9 Brands, Inc.
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL) today confirmed that it has received an unsolicited, non-binding proposal from Cabinets To Go, LLC (“Cabinets To Go”), a subsidiary of F9 Brands, Inc., to acquire all of the outstanding shares of the Company for $5.76 per share in cash.
By LL Flooring Holdings, Inc. · Via Business Wire · May 30, 2023
LL Flooring Reports First Quarter 2023 Financial Results
LL Flooring Holdings, Inc. (“LL Flooring” or “Company”) (NYSE: LL), a leading specialty retailer of hard-surface flooring in the U.S., today announced financial results for the quarter ended March 31, 2023.
By LL Flooring Holdings, Inc. · Via Business Wire · May 8, 2023