{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-018856","form_type":"8-K","ticker":null,"cik":"0001922858","company_name":"ECD Automotive Design, Inc.","filed_at":"2025-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.583935+00:00","generated_at":"2026-05-26T00:07:01.314488+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"ECD Automotive Design enters $1.575M term loan with Agile Lending, secured by all assets","bullets":["Term loan principal of $1,575,000 from Agile Lending, with $75,000 administrative agent fee withheld.","Repayable in 30 weekly payments of $74,550 from March 3 to September 22, 2025; total interest $661,500.","Loan secured by all company assets; collateral agent is Agile Capital Funding, LLC.","Covenants restrict additional indebtedness, liens, asset dispositions, and affiliate transactions.","Subsidiary Humble Imports Inc. jointly and severally guarantees the obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-018856","json":"https://secwatch.observer/filing/0001213900-25-018856.json","markdown":"https://secwatch.observer/filing/0001213900-25-018856.md","text":"https://secwatch.observer/filing/0001213900-25-018856.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1922858/000121390025018856/0001213900-25-018856-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1922858/000121390025018856/ea0232206-8k_ecdauto.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T00:07:01.314488+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f2d73f0fc73f9058e4f6f4229d7dca5a1bb62aba","claim":"ECD Automotive Design, Inc. incurred term loan of $1,575,000 with Agile Lending, LLC at aggregate interest of $661,500 maturing September 22, 2025.","evidence_excerpt":"On February 20, 2025, ECD Automotive Design Inc. (the “Company”) entered into a Business Loan and Security Agreement with an effective date of February 20, 2025 (the “Loan Agreement”) by and among a commercial lender (“Collateral Agent”), Agile Lending, LLC (“Leading Lender”), the Company and its subsidiary, Humble Imports Inc., pursuant to which the Company received a term loan from Leading Lender in the principal amount of $1,575,000 (the “Loan”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1922858/000121390025018856/0001213900-25-018856-index.htm","confidence":0.98,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$1,575,000"},{"label":"Counterparty","value":"Agile Lending, LLC"},{"label":"Rate","value":"aggregate interest of $661,500"},{"label":"Maturity","value":"September 22, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}