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ECD Automotive Design announces 1-for-40 reverse stock split

ECD Automotive Design (ECDA) announced that it will implement a 1-for-40 reverse stock split of its issued and outstanding common stock, effective at market opening time on September 18. ECD common stock will remain on Nasdaq and begin trading on a split-adjusted basis on September 18 when the markets open, under the company’s existing trading symbol.

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