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ECD Automotive In Talks For $2M-$10M Strategic Transactions Or Debt-To-Preferred Stock Exchange To Strengthen Shareholder Equity

Benzinga·01/08/2026 14:21:15
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ECD Automotive Design, Inc. ("ECD" or the "Company") (NASDAQ:ECDA), 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 on January 6, 2026, a lender to ECD entered into discussions with the Company concerning pursuing various strategic transactions with the Company valued between $2 million and $10 million for a combination of cash and preferred stock, which are expected to close within the next 30 days and/or a debt to preferred equity exchange valued between $2 million and $10 million with the current lender to help the Company improve its Shareholder Equity position.