other material
confidence high
sentiment negative
materiality 0.90
ECD Automotive Design, Inc.: Nasdaq/NYSE listing notice — Nasdaq determines to delist ECD Automotive Design; trading moves to OTC from Jan 16, 2026
ECD Automotive Design, Inc.
- Nasdaq Hearings Panel denied additional time; delisting of common stock and warrants effective Jan 16, 2026.
- Trading on Nasdaq suspended at open on Jan 16; company expects to commence trading on OTC Market the same day.
- Company had failed to regain compliance with minimum bid price ($1.00) and $35M market value listing standard.
- Prior reverse stock split (1-for-40) and $500M equity line did not cure deficiencies; Panel cited prior split as bar to new compliance period.