secwatch.observer — SEC 8-K summary
======================================

Issuer:     ECD Automotive Design, Inc. (—)
CIK:        0001922858
Form:       8-K
Filed at:   2026-03-30T23:59:59+00:00
Accession:  0001437749-26-010367
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ECD Automotive issues $396K convertible note to parent; floor price implies 116M share dilution
--------------------------------------------------------------------------------

- Holder (parent) purchased additional senior secured convertible note with principal $395,860 for $360,327.
- Note matures December 12, 2026; floor price of $0.0034/share for conversion.
- At floor price, note convertible into 116,429,312 shares, subject to 9.99% beneficial ownership cap.
- Parent has made loans totaling $12.84 million outstanding as of report date.
- Securities issued under Section 4(a)(2) and Rule 506 exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1922858/000143774926010367/0001437749-26-010367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1922858/000143774926010367/ecda20260330_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-010367

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer