ECD Auto Design Completes Acquisition of 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 completed its acquisition of certain assets from Brand New Muscle Car, a premier builder of classic American muscle cars for restricted stock of ECD to be valued at $1.25 million on the date of issuance. Scott Wallace , CEO of ECD Auto Design said, "We are excited to complete our first acquisition as a publicly traded company and to begin designing and selling custom, one-of-one classic Ford Mustangs, among several other classic American muscle cars. The production of Mustangs will add a third production line to the company's 100,000-square-foot Kissimmee, Florida facility. Production will begin in May and we anticipate the first new product rolling off the line in August. We are thrilled to have the opportunity to design and build some of the most iconic muscle cars in history through our unique and industry-leading client design process.
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ECDA
News
- Project Red Phoenix Soars: ECD Automotive's Defender 110 Lands in Denver, ColoradoGlobeNewswire
- ECD Auto Design Electrifies Classic Mustangs, Pioneering EV Vintage PerformanceGlobeNewswire
- ECD Auto Design Announces Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- ECD Auto Design Announces Full Year 2023 Financial ResultsPR Newswire
- ECD Auto Design Revolutionizes American Muscle: Classic Ford Mustang Joins Iconic Lineup [Yahoo! Finance]Yahoo! Finance
ECDA
Sec Filings
- 5/15/24 - Form NT
- 5/13/24 - Form 8-K
- 5/3/24 - Form 8-K
- ECDA's page on the SEC website