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Tuesday, December 12, 2023

Equity Corporate Actions Alert #2023 - 723
Information Regarding the Business Combination of EF Hutton Acquisition Corporation I (EFHT/R/W) and ECD Automotive Design, Inc.

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  • Industry Announcement

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The business combination of EF Hutton Acquisition Corporation I (EFHT/R/W) and ECD Automotive Design, Inc. closed today, Tuesday, December 12, 2023. Following the completion of the business combination, the company's Common stock (EFHT) and Warrants (EFHTW) will undergo a name, symbol and CUSIP number change. The company's Rights (EFHTR) will be suspended from trading. The combined company's common stock will remain listed on Nasdaq Global Market and its warrants will move to Nasdaq Capital Market. These actions will become effective on Wednesday, December 13, 2023.

The details of the name & CUSIP changes are follows:

Current Company Name & Issue Type: EF Hutton Acquisition Corporation I Common Stock
New Company Name & Issue Type: ECD Automotive Design, Inc. Common Stock
Current CUSIP: 28201D109
New CUSIP: 27877D104
Current Symbol: EFHT
New Symbol: ECDA
Marketplace Effective Date: December 13, 2023

Current Company Name & Issue Type: EF Hutton Acquisition Corporation I Warrant
New Company Name & Issue Type: ECD Automotive Design, Inc. Warrant expiring 12/12/2028
Current CUSIP: 28201D117
New CUSIP: 27877D112
Current Symbol: EFHTW
New Symbol: ECDAW
Marketplace Effective Date: December 13, 2023

If you would like to register as a market maker in ECDA or ECDAW, contact Nasdaq Trading Services at +1 212 231 5100.

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