other_material
confidence high
sentiment neutral
materiality 0.60
ECD Automotive shareholders approve reverse stock split up to 1:200, share issuances, and equity plan amendment
ECD Automotive Design, Inc.
- Reverse stock split approved with 25.1M shares FOR (52.81% of outstanding); board may effect up to 1:200 ratio before July 31, 2026.
- Share issuances exceeding 19.99% of outstanding approved with 25.0M shares FOR (98.37% of shares present).
- Equity Incentive Plan amended to increase reserved shares from 2.5M to 15.0M, approved with 25.0M FOR (98.28% of present).
- Thomas Wood elected as Class II director with 25.1M FOR (98.78% of present); Barton CPA PLLC ratified as auditor.
item 5.07item 9.01