ECD Automotive Design, Inc. 8-K

What Happened ECD Automotive Design, Inc. filed an 8-K describing multiple Nasdaq notices saying its common stock failed to meet the $1.00 minimum bid rule and the $30 million Market Value Listing Standard (MVLS). The company appealed earlier delisting notices, received hearing extensions from the Nasdaq Hearings Panel (until Oct 1, 2025 for the minimum bid and Jan 7, 2026 for MVLS), implemented a 1-for-40 reverse stock split (Sept 18, 2025) and raised capital moves (including a $500 million equity line and debt conversions) to address deficiencies. On Dec 29, 2025 Nasdaq notified the company that its share price closed below $1 over the 30-business-day period from Nov 12 to Dec 24, 2025, creating a new basis for delisting; the company must submit written views to Nasdaq by Jan 5, 2026.

Key Details

• Nasdaq initially notified the company of minimum bid noncompliance on Feb 5, 2025 and of MVLS noncompliance on Feb 25, 2025; follow-up delisting notices were issued in August 2025.
• Nasdaq Panel granted extensions: become compliant with the $1 minimum bid by Oct 1, 2025 and with the $30M MVLS by Jan 7, 2026.
• Company actions: effected a 1-for-40 reverse split on Sept 18, 2025; executed a $500 million equity line in June 2025; a lender converted $13.7 million of debt to preferred equity and purchased an additional $1.1 million of preferred stock.
• New December 29, 2025 notice: share price closed below $1 over Nov 12–Dec 24, 2025; because of the recent reverse split, the company is ineligible for the usual 180-day compliance period and Nasdaq will consider this deficiency in its listing decision.

Why It Matters This filing alerts investors that ECD faces real risk of Nasdaq delisting, which would halt trading and remove the company’s securities from The Nasdaq Stock Market—reducing liquidity and potentially restricting access to capital. The company has taken concrete steps (reverse split, equity line, debt-to-equity conversions) to meet Nasdaq standards, but the December price deficiency and ineligibility for the standard compliance period make near-term outcomes uncertain. Investors should monitor Nasdaq’s decision timeline and the company’s Jan 5, 2026 submission and any subsequent announcements about compliance or delisting.