ECD Automotive Design Implements 1-for-5 Reverse Stock Split

Reuters06:01

ECD Automotive Design Implements 1-for-5 Reverse Stock Split

ECD Automotive Design Inc. (NASDAQ: ECDA) will implement a 1-for-5 reverse stock split of its common stock, effective at the market open on December 26, 2025. Following the split, the number of outstanding shares will be reduced from approximately 6.9 million to around 1.4 million, with trading continuing under the ECDA symbol. The move aims to increase the company's share price to meet Nasdaq's minimum bid requirement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ECD Automotive Design Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9616258-en) on December 22, 2025, and is solely responsible for the information contained therein.

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