ECD signs agreement to assume builds from regional shop; CEO salary cut 10%

ECD Automotive Design, Inc.

Signed agreement to assume select builds from a regional 4x4 restoration shop in southern New England.
ECD to allocate at least 10% of annual production capacity, adding minimum 20 units per year to backlog.
CEO Scott Wallace's employment extended through Dec 2027; base salary temporarily reduced by 10% effective Dec 12, 2025.
Bylaws amended to reduce quorum requirement from majority to 33 1/3% for stockholder meetings.

item 3.03 item 5.02 item 7.01 item 9.01

Key facts

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

ECD Automotive Design, Inc. issued common stock.

Security: common stock

Exact text from the filing

the Board adopted a resolution to amend the Company’s Bylaws to reduce the quorum requirement to hold a stockholder meeting for the transaction of business from a majority of the outstanding shares of capital stock of the Company entitled to vote at the meeting to 33 1/3 percent of the outstanding shares of capital stock of the Company entitled to vote at the meeting

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Source: SEC EDGAR

accession 0001437749-25-038336

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