secwatch.observer — SEC 8-K summary
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Issuer:     ECD Automotive Design, Inc. (—)
CIK:        0001922858
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001213900-25-018856
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ECD Automotive Design enters $1.575M term loan with Agile Lending, secured by all assets
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1922858/000121390025018856/0001213900-25-018856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1922858/000121390025018856/ea0232206-8k_ecdauto.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-018856

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