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The latest announcement is out from ECD Automotive Design (ECDA).
ECD Automotive Design Inc. has finalized an amended asset purchase agreement with BNMC Continuation Cars LLC and David W. Miller II to acquire assets related to vehicle builds and the “Brand New Muscle Car” trademark for up to $1.25 million, payable in common stock based on future share prices. This strategic acquisition, closed with additional agreements including IP and consulting arrangements, promises to bolster ECD’s market presence, though the company cautions investors about the forward-looking nature of statements regarding the deal’s future impact.
For a thorough assessment of ECDA stock, go to TipRanks’ Stock Analysis page.
