Streetbeat News

EFHT

EF Hutton Acquisition Corp I

Open

7.32

Mkt cap

19M

Volume

689K

High

7.99

P/E Ratio

73.25

52-wk high

17.00

Low

2.25

Div yield

N/A

52-wk low

2.25

ECD Automotive Design Inc. (NASDAQ:ECDA), known for customizing classic Land Rover Defenders and Jaguar E-Types with modern touches, has gone public on the Nasdaq Global Market through a SPAC merger with EF Hutton Acquisition Corporation I (NASDAQ:EFHT). The company, which caters to a wealthy clientele including celebrities and athletes, is profitable and considering expansion into the UAE. The SPAC market has seen a significant decline in 2023, making ECD's public debut a notable event.

Portfolio Pulse from Anthony Noto

December 13, 2023 | 10:22 pm

ECD Auto Design and EF Hutton Acquisition Corporation I announced that their combined company will start trading on NASDAQ under the symbols 'ECDA' and 'ECDAW' from December 13, 2023. The new entity, resulting from a business combination, will be named 'ECD Automotive Design Inc.' ECD management will ring the NASDAQ opening bell on the same day.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 6:01 pm

EF Hutton Acquisition Corporation I has entered into a definitive securities purchase agreement with an institutional investor for the issuance of a senior secured convertible note with a principal amount of $15,819,209.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 8:16 pm

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