ECD Automotive Design creates Series C preferred, secures $500M equity facility, adopts Bitcoin treasury

ECD Automotive Design, Inc.

Second Exchange Agreement created Series C Convertible Preferred Stock convertible at $2.00 per share, floor price $0.10.
Lender exchanged 4,000 Series B-1 shares for 4,000 Series C shares; up to $21.97M additional convertible notes possible.
Equity Purchase Facility Agreement for up to $500 million; proceeds to acquire Bitcoin as treasury reserve asset.
Major shareholders (61.1% of common stock) signed Voting Agreements to support stockholder approval for the transactions.
Lender waived registration, periodic filing, financial test defaults; minimum Adjusted EBITDA set at $(750,000) for Q2 2025.

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