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$ECDA: Woahhhhhhhhh....... whatta SURGER.. now $0.63
That was quite the PreMarket move there.
Anyone in at $0.30 ???
GO $ECDA
ECD Automotive Design Secures $500M Equity Facility to Fund a Bitcoin Treasury
June 23, 2025
ECD Automotive Design, Inc. (NASDAQ: ECDA), the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs is thrilled to announce the signing of a $500M equity facility with ECDA Bitcoin Treasury LLC (the “Facility”). The proceeds of this strategic financing will enable ECD to pursue an innovative Bitcoin treasury strategy, positioning the company towards a next-generation store of value asset, and/or to fund growth and general corporate purposes.
These initiatives align with ECD’s plan to engage the Bitcoin and broader digital asset communities, which have seen substantial wealth creation over the past decade and represent a priority customer demographic. The company plans to explore ways to help these customers diversify from digital assets into premium real-world assets (RWA) such as classic automobiles. Over the next twelve months, ECD is offering the first twenty-one new build customers that purchase a vehicle using Bitcoin, a $21,000 credit in vehicle upgrades of their choice.
“We are excited to secure this significant financing option, which strengthens our financial foundation and enables us to diversify our treasury strategy with Bitcoin,” said Ben Piggott, CFO of ECD Automotive Design. “Having already put the framework in place to accept crypto as a form of payment for our vehicles through our relationship with BitPay, this new initiative reflects our continued confidence in the long-term potential of digital assets and our commitment to creating value for our shareholders and customers while maintaining our focus on crafting exceptional, one-of-one vehicles.”
Pursuant to the Facility, the Company, in its sole discretion, has the right, but not the obligation, to issue and sell up to $500 million in newly issued shares of the Company’s common stock (the “Common Stock”), subject to certain conditions. The Company is not required to use the Facility and controls the timing and amount of any drawdown on the Facility, subject to certain restrictions under the Facility. The Company expects to use the net proceeds from the Facility, if any, to acquire Bitcoin for the Company’s corporate treasury and/or to fund growth and for general corporate purposes.
The offers and sales of the Common Stock issuable under the Facility will be made in a private placement in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder, and applicable state securities laws. The Company plans to file with the SEC a registration statement relating to the resale of the Common Stock, issuable under the Facility. The Company cannot draw on the Facility, and the Common Stock may not be sold nor may offers to buy be accepted, prior to the time that the registration statement covering the resale of the Common Stock is declared effective by the SEC. This press release is for information purposes only and does not constitute an offer to sell, or the solicitation of an offer to buy, any securities.
About ECD Auto Design
ECD, a public company trading under ECDA on the Nasdaq, is a creator of restored luxury vehicles that combines classic English beauty with modern performance. Currently, ECD restores Land Rover Defenders, Land Rover Series IIA, the Range Rover Classic, the Jaguar E-Type and we have recently added Ford Mustang and Toyota FJ. Historically, each vehicle produced by ECD was 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 67 talented craftsmen and technicians, who hold a combined 66 ASE and three 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.
https://ih.advfn.com/stock-market/NASDAQ/ecd-automotive-design-ECDA/stock-news/96287863/ecd-automotive-design-secures-500m-equity-facilit
$ECDA 💹
ecda.............................https://stockcharts.com/h-sc/ui?s=ECDA&p=W&b=5&g=0&id=p86431144783
127k buys/53k sells/4k neutral,over double buys!(140% more) This is a huge tell,and large buy orders.
Toot….toot!!! Lots of run room,200% to 1.00
Just bought another 10k ,ave in .326
Expecting big sales and improved profit numbers coming.I think that’s the reason it’s being loaded.
Not financial advice,all tickers are risky and this is no exception
Shares to short dropped today from 30k to only 400, fee 297%(rebate is 293%) when rebate hits zero it could run fast,maybe after mkt or tomorrow but could be anytime now,watch for demand and bid jumping/rising as a run tell.
Adx indicator showing green loading is happening,thanks Glenn for charts!!
Fins improved last Q,zero borrow,big fee(no rebate) they aren’t loaning shares to short,they are buying,chart shows loading so should pop soon
I bought some at .35 hope that is bottom for today
ECDA........................................................................p/m
ECDA......................https://stockcharts.com/h-sc/ui?s=ECDA&p=W&b=5&g=0&id=p86431144783
$ECDA: Here it goes......... now $0.27
How high can it go ?
GO $ECDA
ECDA...................................https://stockcharts.com/h-sc/ui?s=ECDA&p=W&b=5&g=0&id=p86431144783
ECDA....................................................https://stockcharts.com/h-sc/ui?s=ECDA&p=W&b=5&g=0&id=p86431144783
Sunday morning grab your coffee a bagel and get prepare for an enlightenment
Peace out.
ECDA.............https://stockcharts.com/h-sc/ui?s=ECDA&p=W&b=5&g=0&id=p86431144783
ECDA................................................https://stockcharts.com/h-sc/ui?s=ECDA&p=W&b=5&g=0&id=p86431144783
ECDA............................https://stockcharts.com/h-sc/ui?s=ECDA&p=W&b=5&g=0&id=p86431144783
Another competitor literally a lob wedge away
https://safarihp.com
400k? LOL
Meanwhile bring a trailer has only seen 6 sales over 200k in the last 8 years!
Why isn’t Arkonik public ? Pretty easy answer
This is a fad not a investment
Zero reason this became a public company other than to fill insiders pockets and dilute…. Rinse repeat
Nothing to see here
100k bid just showed btw
$ECDA Overall Risk Low *dilutoin tracker*
Cash Position
The company has 89.7 months of cash left based on quarterly cash burn of -$0.54M and estimated current cash of $16.2M.
https://dilutiontracker.com/app/search/ECDA
Bullish
BULLISH
ECDA
ECD Automotive Design Inc
1.03
-0.15 (-12.71%)
Volume: 91,415
Day Range: 1.00 - 1.1715
Bid: 1.02
Ask: 1.06
Last Trade Time: 11:50:40 AM EST
Total Trades: 322
Scary part is lots of ppl own this when it was a SPAC well over $10
thank you, happy new year 2024
$ECDA Overall Risk Low *dilutoin tracker*
Cash Position
The company has 89.7 months of cash left based on quarterly cash burn of -$0.54M and estimated current cash of $16.2M.
https://dilutiontracker.com/app/search/ECDA
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12/13/2023 | EFHTW | ECDAW | ECD Automotive Design Inc. | Warrants | No Tier | ||
12/13/2023 | EFHT | ECDA | ECD Automotive Design Inc. | Common Stock | No Tier |
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