Limbach Holdings Issues Preferred Stock to Sponsor

In connection with the business combination closing, Limbach Holdings, Inc. issued and sold 400,000 shares of Class A preferred stock to its sponsor, 1347 Investors LLC, for $10,000,000.

“pursuant to the terms of the Merger Agreement, the Company issued and sold to 1347 Investors LLC (the “Sponsor”) 400,000 newly issued shares of Class A preferred stock (the “Preferred Stock”) for $10,000,000.”

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