While the news directly pertains to the new Preferred Stock symbol 'ECCF', it may also have an indirect impact on the common stock 'ECC'. The market's perception of the company's financial health and strategy could influence the price of ECC. The relevance is moderate because the news is primarily about the Preferred Stock and not the common stock directly. The importance is moderate as the offering could affect the company's capital structure and investor sentiment. Confidence is moderate due to the indirect nature of the impact and the lack of specific terms of the offering.

The announcement of a public offering can have various impacts on a company's stock price. Without the terms of the offering, it's difficult to predict the exact effect on the price. However, the anticipation of a new listing could generate investor interest, which might lead to increased demand and potentially a positive price movement once the stock is listed. The relevance is high as the news is directly about the Preferred Stock 'ECCF'. The importance is significant as public offerings are major financial events, but not at the highest level due to lack of details on the terms. Confidence is moderately high, pending further information on the offering.