secwatch.observer — SEC 8-K summary
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Issuer:     ECD Automotive Design, Inc. (—)
CIK:        0001922858
Form:       8-K
Filed at:   2024-04-05T23:59:59+00:00
Accession:  0001213900-24-030599
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ECD Auto Design acquires Brand New Muscle Car assets for $1.5M in stock
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- Purchase price of $1.5M paid in restricted shares valued at closing price on 5-month anniversary of closing.
- Assets include the trademark 'Brand New Muscle Car' and vehicle build assets from BNMC Continuation Cars LLC and David W. Miller II.
- CEO Scott Wallace calls this ECD's first acquisition as a public company, adding a classic American muscle car production line.
- ECD currently restores Land Rovers and Jaguar; expansion into classic Ford Mustangs and other American muscle cars.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1922858/000121390024030599/0001213900-24-030599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1922858/000121390024030599/ea0203364-8k_ecdauto.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-030599

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