ZombieEV/Automotive
What Happened to ECD Automotive Design?
Ticker: ECDASPAC Year: 2022
Return
-99.9%
Current Price
$2
Peak Price
$494
Trust Size
$12M
Summary
ECD Automotive Design is the world's largest Land Rover and Jaguar restoration company, building custom luxury vehicles from classic designs. The company went public via SPAC merger in 2023. It operates from a facility in Kissimmee, Florida.
What Happened
ECD Automotive went public via SPAC in 2023 and trades on Nasdaq under ECDA. The company builds custom restored Land Rovers and Jaguars priced at $200K+. While it remains operational and recently launched a Luxury Agent Program, the stock trades at low single digits. It was misclassified as bankrupt.
Timeline
2022-06-02
S-1 Registration Filed