KISSIMMEE, Fla., Oct. 14, 2025 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (NASDAQ: ECDA), the (“ECD” or the “Company”), the world’s largest Land Rover and Jaguar restoration company known for its custom luxury builds, including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs and Toyota FJs, today announced that it received written notice from Nasdaq on October 10, 2025, confirming that the Company regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a ...

Group 1 - ECD Automotive Design, Inc. plans to review its operating and financial results for the second quarter ended June 30, 2025, on August 21, 2025, at 8:30 a.m. E.T. [1] - The conference call will be hosted by CEO Scott Wallace and CFO Victoria Hay [2] - A telephonic replay of the conference call will be available through September 4, 2025 [4] Group 2 - ECD is the world's largest Land Rover and Jaguar restoration company, known for custom luxury builds including bespoke Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs, and Toyota FJs [1][4] - The company was founded in 2013 and operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 102 staff, including 67 craftsmen and technicians [4] - ECD specializes in fully bespoke vehicles, designed by clients through a luxury design experience and hand-built over 2,200 hours by master-certified Automotive Service Excellence craftsmen [4]

Core Insights - ECD Automotive Design, Inc. is enhancing operational efficiency and optimizing working capital to strengthen its financial position [1][2] - The company is committed to disciplined growth and has completed a comprehensive review of its cost structure and capital allocation [2] - ECD focuses on sustainable value creation and will continue to seek opportunities to improve efficiency and cash position [2] Operational Initiatives - A holistic bottoms-up cost savings analysis has been conducted to identify and eliminate unnecessary expenditures [5] - The company has identified opportunities to enhance working capital velocity through a strategic review of inventory management practices [5] - ECD has negotiated a waiver with existing lenders, resolving defaults and securing a 12-month grace period from debt service obligations [5] Company Overview - ECD Automotive Design is a public company trading under the ticker ECDA on Nasdaq, specializing in restored luxury vehicles [3] - The company restores various classic vehicles, including Land Rover Defenders, Range Rovers, Jaguar E-Types, Ford Mustangs, and Toyota FJs [3] - ECD was founded in 2013 and operates from a 100,000-square-foot facility in Kissimmee, Florida, employing 67 craftsmen and technicians [3]