ECD Automotive Design Enters into Discussions to Improve its Shareholder Equity Position

Core Viewpoint - ECD Automotive Design, Inc. is engaging in strategic discussions with a lender regarding potential transactions valued between $2 million and $10 million to enhance its shareholder equity position [1]. Company Overview - ECD is the world's largest Land Rover and Jaguar restoration company, specializing in custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs, and Toyota FJs [2]. - The company was founded in 2013 and operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 98 staff, including 67 craftsmen and technicians with a total of 66 ASE certifications and three master level certifications [2]. - ECD's vehicles are fully bespoke, designed by clients through a luxury design experience, and hand-built over 2,200 hours by certified craftsmen [2]. - The company has an affiliated logistics center in the U.K. for sourcing and transporting 25-year-old work vehicles back to the U.S. for restoration [2].