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-0.0198276250563317 -0.0198276250563317 -0.0198276250563317 -0.0198276250563317 0.0365029292474087 0.0365029292474087 0.0590356016223524 0.0365029292474087
Stock impact report

ECD Auto Design to Acquire Brand New Muscle Car Assets [Yahoo! Finance]

ECD Automotive Design, Inc. (ECDA) 
Company Research Source: Yahoo! Finance
restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers and Jaguar E-Types announced today that it has signed an agreement to acquire certain assets from Brand New Muscle Car, a premier builder of classic American muscle cars for restricted stock of ECD to be valued at $1.5 million on the date of issuance. Brand New Muscle Car, founded in 2005 and headquartered in Broken Arrow, OK , is the original, from scratch restorer of classic American muscle cars designed with new parts just as the customer wants it. Scott Wallace , CEO of ECD Auto Design said, "We are excited to announce our first acquisition as a publicly traded company. This acquisition provides our company, founded by a group of British friends, an entry point to design and sell bespoke classic Ford Mustangs, among several other classic American muscle cars in a US manufacturing plant with US employees. Our 100,000 square foot Orlando, Florida manufacturing facility has the abili Show less Read more
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