On June 14, 2024, F9 Investments, LLC (F9) disseminated the communication filed herewith as
Exhibit 1 (the Communication) to certain stockholders of LL Flooring Holdings, Inc. (the Company). From time to time, F9 or its fellow participants in the proxy solicitation may publish the Communication, or portions thereof,
on social media channels relating to the Company and they may otherwise disseminate the Communication from time to time.
EXHIBIT 1
Re: |
IMPORTANT SHAREHOLDER VOTE: URGENT CHANGE NEEDED AT LL FLOORING PLEASE VOTE THE GOLD CARD TODAY
|
Dear LL Shareholder,
We are
reaching out on behalf of F9 Investments, LLs largest shareholder, regarding the companys important upcoming shareholder meeting.
F9 recently
issued a presentation stressing the urgent case for change on LLs board of directors which can be accessed here: Put The Groove Back In LL (llgroove.com)
LLs management and board have presided over catastrophic value destruction and LLs stock price is down more than 60% this year alone.
Even more troubling,
LL recently disclosed it believes its projected levels of liquidity raise substantial doubt regarding the companys ability to continue as a going concern.
CHANGE IS NEEDED NOW IN ORDER TO PROTECT YOUR INVESTMENT.
F9 has nominated three highly qualified candidates to join LLs board and help implement the urgent change required to stabilize the company and put it on
a path for success.
The website: www.llgroove.com includes a copy of F9s definitive proxy material, information on F9s nominees, and instructions on how to vote on the GOLD proxy card in support of F9.
If you have any questions or need assistance in voting, please contact Campaign Management via email at info@campaign-mgmt.com or by phone Toll-Free at 1-855-264-1527.
Thank you.
DISCLAIMER
Except as otherwise set forth in this
communication, the views expressed in this communication reflect the opinions of F9 Investments, LLC and its affiliates (F9) and are based on publicly available information with respect to LL Flooring Holdings, Inc. (LL or
the Company). F9 recognizes that there may be confidential information in the possession of the Company that could lead it or others to disagree with F9s conclusions. F9 reserves the right to change any of its opinions
expressed herein at any time as it deems appropriate and disclaims any obligation to notify the market or any other party of any such change, except as required by law. F9 disclaims any obligation to update the information or opinions contained in
this communication, except as required by law. For the avoidance of doubt, this communication is not affiliated with or endorsed by LL.
This
communication is provided merely as information and is not intended to be, nor should it be construed as, an offer to sell or a solicitation of an offer to buy any security nor as a recommendation to purchase or sell any security. Certain of the
Participants (as defined below) currently beneficially own shares of the Company. The Participants and their affiliates may from time to time sell all or a portion of their holdings of the Company in open market transactions or otherwise, buy
additional shares (in open market or privately negotiated transactions or otherwise), or trade in options, puts, calls, swaps or other derivative instruments relating to such shares.