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ECD Automotive Design ( (ECDA) ) has issued an announcement.
On September 24, 2025, ECD Automotive Design, Inc. entered into an agreement with its securities counsel, Loeb & Loeb LLP, to settle legal fees amounting to $2,090,000. As part of the agreement, ECD Automotive issued a common stock purchase warrant to Loeb for 550,000 shares at an exercise price of $0.01 per share, based on the stock’s closing price of $3.80 on September 23, 2025. The agreement allows Loeb to reduce the fees by the net proceeds from selling the warrant shares, with the warrants exercisable over three years. This move potentially impacts ECD Automotive’s financial obligations and stock ownership structure, as it limits Loeb’s beneficial ownership to 4.99%.
The most recent analyst rating on (ECDA) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on ECD Automotive Design stock, see the ECDA Stock Forecast page.
Spark’s Take on ECDA Stock
According to Spark, TipRanks’ AI Analyst, ECDA is a Neutral.
ECD Automotive Design’s overall stock score is primarily impacted by its severe financial difficulties, including negative profitability and high leverage. Technical indicators and valuation metrics further reflect bearish sentiment and unappealing valuation. While strategic initiatives and record revenue provide some positive outlook, the risks associated with potential Nasdaq delisting and liquidity issues are significant.
To see Spark’s full report on ECDA stock, click here.
More about ECD Automotive Design
Average Trading Volume: 138,239
Technical Sentiment Signal: Sell
Current Market Cap: $5.72M
Find detailed analytics on ECDA stock on TipRanks’ Stock Analysis page.