On March 11, 2019, RVL 1 LLC announced that on March 7, 2019 it sent a letter to the members of the Special Committee of the Board of Directors of the Revolution Lighting Technologies, Inc. In the letter, RVL stated that it continues to view in the desirability of the Company ceasing to continue as a publicly traded enterprise, given the publicly disclosed developments since its Offer Letters, it has reluctantly come to the conclusion that now is not the right time for it to pursue such a going private transaction.