On October 21, 2021, 1847 Goedeker Inc. announced that on October 15, 2021, it entered into a cooperation agreement with David L. Kanen, Philotimo Fund, LP, Philotimo Focused Growth and Income Fund and Kanen Wealth Management LLC. The Cooperation Agreement also contains standard provisions pursuant to which each party agreed not to sue the other party or make public statements about the other party, each subject to certain exceptions, until the Termination Date.