ECD Automotive Design Faces Delisting Concerns

TL;DR

ECD Auto might get delisted, big changes in leadership too.

AI Summary

ECD Automotive Design, Inc. filed an 8-K on November 17, 2025, reporting a notice of delisting or failure to satisfy continued listing rules, a transfer of listing, and changes in directors and officers. The company, formerly EF Hutton Acquisition Corp I, is incorporated in Delaware and has its principal business address in Hingham, MA.

Why It Matters

This filing indicates potential issues with ECD Automotive Design's continued listing on an exchange, which could significantly impact its stock liquidity and investor confidence.

Risk Assessment

Risk Level: high — The filing explicitly mentions a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard,' indicating significant risk to the company's exchange listing.

Key Players & Entities

• ECD Automotive Design, Inc. (company) — Registrant
• EF Hutton Acquisition Corp I (company) — Former Company Name
• Delaware (jurisdiction) — State of Incorporation
• Hingham, MA (location) — Business Address

FAQ

Key Financial Figures

• $320,000 — gular base salary at the annual rate of $320,000 to and through the Termination Date and
• $172,000 — applicable withholdings and deductions, $172,000, which amount is equal to six (6) month
• $160,000 — alary as of the Termination Date (i.e., $160,000) plus six (6) months of automobile allo
• $12,000 — ) months of automobile allowance (i.e., $12,000). Such severance pay shall be paid in s
• $0.0001 — 's unregistered common stock, par value $0.0001 per share (the "Common Stock") valued a
• $32,000 — er share (the "Common Stock") valued at $32,000, calculated based on the highest closin

Filing Documents

• ea0265947-8k_ecdauto.htm (8-K) — 36KB
• ea026594701ex10-1_ecdauto.htm (EX-10.1) — 39KB
• ea026594701ex10-2_ecdauto.htm (EX-10.2) — 40KB
• 0001213900-25-111620.txt ( ) — 347KB
• ecda-20251111.xsd (EX-101.SCH) — 3KB
• ecda-20251111_def.xml (EX-101.DEF) — 26KB
• ecda-20251111_lab.xml (EX-101.LAB) — 36KB
• ecda-20251111_pre.xml (EX-101.PRE) — 25KB
• ea0265947-8k_ecdauto_htm.xml (XML) — 5KB

01. Notice of Delisting or Failure to Satisfy a Continued

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On November 11, 2025, ECD Automotive Design, Inc. (the "Company") received a telephone call (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that, the warrant the Company issued to pay outstanding legal fees on September 24, 2025 (the "Warrant") violated Nasdaq Rule 5635(d) (the "Rule"). The Company amended the Warrant on October 1, 2025 to make the Warrant compliant with the Rule. Nasdaq requested that the Company publicly disclose that the Company was in violation of the Rule upon issuance of the Warrant and that the Company regained compliance with the Rule when it entered into the amendment of the Warrant.

02. Departure of Directors or Certain Officers; Election

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 11, 2025, the Company entered into agreements with Emily Humble, the Company's Chief Product Officer, and Thomas Humble, the Company's Chief Experience Officer, setting forth the terms and conditions of the cessation of the Company's employment of Emily Humble and Thomas Humble (collectively the "Separation Agreements"). Pursuant to the Separation Agreements, the employment with the Company of both Emily Humble and Thomas Humble terminated on November 11, 2025. In accordance with the Separation Agreement the Company will pay Emily Humble and Thomas Humble their regular base salary at the annual rate of $320,000 to and through the Termination Date and the Company will reimburse Emily Humble and Thomas Humble for all unreimbursed business expenses incurred per existing Company policies, provided such expenses are or have been submitted for reimbursement to the Company in a manner consistent with Company policy no later than 10 days after the Termination Date. As consideration for execution, delivery and performance of each of the Separation Agreements, and in exchange for the promises, covenants, releases and waivers set forth herein, the Company will provide Emily Humble and Thomas Humble the following payments and benefits, to which both Emily Humble and Thomas Humble expressly acknowledges they would not otherwise be entitled: 1. Cash Payment. The Company will pay to each Emily Humble and Thomas Humble as severance pay, less applicable withholdings and deductions, $172,000, which amount is equal to six (6) months of base salary as of the Termination Date (i.e., $160,000) plus six (6) months of automobile allowance (i.e., $12,000). Such severance pay shall be paid in six equal consecutive monthly installment payments payable on or before the last day of each applicable calendar month; 2. Equit

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (c) Exhibits. The following exhibits are filed as part of, or incorporated by reference into, this Report. No. Description of Exhibit 10.1 Separation Agreement, dated November 11, 2025, between ECD Automotive Design, Inc. and Emily Humble. 10.2 Separation Agreement, dated November 11, 2025, between ECD Automotive Design, Inc. and Thomas Humble. 104* Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) * Filed herewith. 1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: November 17, 2025 ECD AUTOMOTIVE DESIGN, INC. By: /s/ Victoria Hay Name: Victoria Hay Title: Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR