ECD Auto Design to Ring Nasdaq Opening Bell and Showcase Custom Land Rover Defender in Times Square
2023年12月13日 - 9:00PM
ECD Automotive Design Inc. (“ECD” or the “Company”) (NASDAQ
ECDA), the industry leader in delivering restored,
modified and electrified Land Rover Defenders, Jaguars, and other
classic and collectible automobiles, today announced that founders,
management, advisors and shareholders will ring the opening bell of
the Nasdaq Stock Market today, Wednesday, December 13, 2023, to
commemorate ECD’s first day of trading on the Nasdaq. In addition,
a custom Land Rover Defender, restored and modified by the
certified craftsmen and craftswomen at ECD, will be displayed
outside the Nasdaq in Manhattan’s Times Square to demonstrate ECD’s
capabilities.
On December 12, 2023, ECD completed the business
combination between Humble Imports, Inc. d/b/a ECD Auto Design and
EF Hutton Acquisition Corporation I (“EFHT”) (NASDAQ: EFHT), a
special purpose acquisition company formed by affiliates of EF
Hutton.
Founded in 2013 by three British gear heads, ECD
has become the leader in the restoration, modification and
electrification of classic automobiles. ECD specializes in
“restomods” (restoration and modification) and is dedicated to
fully restoring classic autos from the ground up, returning the
nostalgic experience to the road and ensuring their timelessness
with modification touches, performance, and quality upgrades. The
ECD line-up currently includes the Land Rover Defender, the Land
Rover Series IIA, the Range Rover Classic and the Jaguar E-Type.
Since inception, the Company has delivered over 500 vehicles, and
has increased the number of units built and the average selling
price of a vehicle at a compound annual growth rate of 26% and 19%,
respectively. The additional capital and public listing will help
advance ECD's goals of unlocking further growth through innovating
its product line and expanding the classic automotive
ecosystem.
The opening bell ceremony will be broadcast live
starting at 9:15 a.m. Eastern Time from the NASDAQ MarketSite Tower
in New York, NY. To view the broadcast, please click here.
About ECD Automotive DesignECD
is a creator of restored luxury vehicles that combines classic
English beauty with modern performance. Currently, ECD restores
Land Rovers Defenders, Land Rover Series IIA, the Range Rover
Classic and the Jaguar E-Type. Each vehicle produced by ECD is
fully bespoke, a one-off that is designed by the client through
an immersive luxury design experience and hand-built from the
ground up in 2,200 hours by master-certified Automotive Service
Excellence (“ASE”) craftsmen. The Company was founded in 2013 by
three British “gear heads'' whose passion for classic vehicles is
the driving force behind exceptionally high standards for quality,
custom luxury vehicles. ECD’s global headquarters, known as
the “Rover Dome,” is a 100,000-square-foot facility located in
Kissimmee, Florida that is home to 80 talented craftsmen and
technicians, who hold a combined 61 ASE and five master level
certifications. ECD has an affiliated logistics center in the U.K.
where its seven employees work to source and transport 25-year-old
work vehicles back to the U.S. for restoration. For more
information, visit www.ecdautodesign.com.
Forward-Looking StatementsThis
press release includes “forward-looking statements” within the
meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements generally are accompanied by words such as "believe,"
"may," "will," "estimate," "continue," "anticipate," "intend,"
"expect," "should," "would," "plan," "future," "outlook," and
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters, but the
absence of these words does not mean that a statement is not
forward-looking. These forward-looking statements include, but are
not limited to, statements regarding estimates and forecasts of
other performance metrics and projections of market opportunity.
These statements are based on various assumptions, whether or not
identified in this communication and on the current expectations of
ECD’s management and are not predictions of actual performance.
These forward-looking statements are provided for illustrative
purposes only and are not intended to serve as, and must not be
relied on by any investor as, a guarantee, an assurance, a
prediction or a definitive statement of fact or probability. Actual
events and circumstances are difficult or impossible to predict and
will differ from assumptions. Many actual events and circumstances
are beyond the control of ECD. Some important factors that could
cause actual results to differ materially from those in any
forward-looking statements could include changes in domestic and
foreign business, market, financial, political and legal
conditions.
If any of these risks materialize or our
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. There
may be additional risks that ECD do not presently know, or that ECD
currently believe are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. In addition, forward-looking statements reflect ECD’s
current expectations, plans and forecasts of future events and
views as of the date hereof. Nothing in this communication should
be regarded as a representation by any person that the
forward-looking statements set forth herein will be achieved or
that any of the contemplated results of such forward-looking
statements will be achieved. You should not place undue reliance on
forward-looking statements in this communication, which speak only
as of the date they are made and are qualified in their entirety by
reference to the cautionary statements herein and the risk factors
of ECD described in the joint preliminary proxy statement and a
preliminary prospectus contained in the Form S-4 registration
statement that ECD filed with the SEC, including those under “Risk
Factors” therein. ECD anticipates that subsequent events and
developments will cause its assessments to change. However, while
ECD may elect to update these forward-looking statements at some
point in the future, ECD specifically disclaims any obligation to
do so, except as required by law. These forward-looking statements
should not be relied upon as representing ECD’s assessments as of
any date subsequent to the date of this communication. Accordingly,
undue reliance should not be placed upon the forward-looking
statements.
Contacts:
ECD Automotive DesignScott Wallace, Chairman and CEO Email:
investorrelations@ecdautodesign.com
FNK IRRob Fink or Matt Chesler, CFAEmail: ecda@fnkir.comTel:
646-809-4048 / 646-809-2183
ECD Automotive Design (NASDAQ:ECDA)
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ECD Automotive Design (NASDAQ:ECDA)
過去 株価チャート
から 6 2023 まで 6 2024