Exhibit 1
August 17, 2023
Nancy M. Taylor
Chairperson of the Board
LL Flooring Holdings, Inc.
4901 Bakers Mill Lane
Richmond, VA 23230
Charles Tyson
Chief Executive Officer
LL Flooring Holdings, Inc.
4901 Bakers Mill Lane
Richmond, VA 23230
Dear Ms. Taylor and Mr. Tyson:
Notice is hereby given that in light of LL Flooring Holdings, Inc.’s (the “Company”) deteriorating financial and operational performance and eroding value, as disclosed in the Company’s second quarter 2023 results, the offer set forth in our letter of May 26, 2023, and confirmed in our letter dated June 9, 2023, to acquire all of the outstanding shares of the Company for $5.76 per share is withdrawn.
| Sincerely, |
| /s/ Thomas D. Sullivan |
| Thomas D. Sullivan |
| Sole Manager |
| F9 INVESTMENTS, LLC |
| /s/ John Jason Delves |
| John Jason Delves |
| Chief Executive Officer |
| CABINETS TO GO |
