Core Insights - ECD Automotive Design, Inc. has signed an agreement to take over select builds from a regional 4x4 restoration shop in southern New England, enhancing its production capacity and operational efficiency [1][2] Company Overview - ECD is the largest Land Rover and Jaguar restoration company globally, known for custom luxury builds including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs, and Toyota FJs [1][3] - The company operates a 100,000-square-foot facility in Kissimmee, Florida, employing 98 staff, including 67 skilled craftsmen with a total of 66 ASE certifications and three master-level certifications [3] Strategic Objectives - The primary objective post-IPO has been to fill production capacity to achieve cash-flow breakeven, leveraging advanced facilities and skilled workforce [2] - The collaboration with regional builders is expected to absorb incremental volume efficiently, providing both parties with benefits in craftsmanship and capacity [2] Financial Implications - By committing at least 10% of production capacity to this new collaboration, ECD anticipates adding a minimum of 20 units per year to its backlog, which is expected to improve cost structure and unit economics [2]

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ All amounts expressed in Canadian dollars unless otherwise noted TORONTO and RIONEGRO, Colombia, Oct. 06, 2025 (GLOBE NEWSWIRE) -- PharmaCielo Ltd. (“PharmaCielo” or the “Company”) (TSXV: PCLO, OTC: PCLOF), the Canadian parent of Colombia’s premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced the closing of the sale of its ...