On June 28, 2024, LL Flooring Holdings, Inc. filed a current report on Form 8-K with the US Securities and Exchange Commission stating, among other things, that the Company now believes that its projected levels of liquidity may not be sufficient to meet the required threshold under its asset-backed facility in the third quarter of 2024 and, in an effort to improve its liquidity, the Company has begun a process to pursue a sale transaction for its Sandston, Virginia distribution center and has received a number of bids in connection with such sale process and expects to move forward with negotiating with certain bidders for a possible sale. On June 28, 2024, Thomas D. Sullivan sent an email to Charles Tyson, the President and Chief Executive Officer of the Company, stating that Thomas D. Sullivan would be interested in looking at the Sandston Distribution Center and requesting the name of person handling this sale. Thomas D. Sullivan stated that should Thomas D. Sullivan and the Company engage in further discussions regarding the sale of the Sandstrom Distribution Center and if any of F9 Investments, LLC?s nominees are elected to the Company?s Board of Directors, such nominees intend to recuse themselves from any discussions or decisions relating to the sale of the Sandstrom Distribution Center.