ECD Automotive Design Regains Nasdaq Listing Compliance with $1.00 Bid Price.
PorAinvest
martes, 14 de octubre de 2025, 8:08 am ET1 min de lectura
ECDA--
Scott Wallace, CEO and Co-Founder of ECD, expressed satisfaction with the achievement, stating, "We are pleased to have met this requirement, which supports ECD’s continued listing on Nasdaq and provides the ongoing tradability and liquidity of our shares for investors." The company continues to work towards meeting the remaining condition outlined by the Nasdaq Hearings Panel, which requires compliance with Nasdaq’s equity standard by January 7, 2026 [1].
ECD Automotive Design specializes in restoring classic vehicles such as Land Rover Defenders, Land Rover Series IIA, Range Rover Classic, Jaguar E-Type, Ford Mustangs, and Toyota FJs. The company is known for its high-quality, bespoke builds, each designed by clients through an immersive luxury design experience and hand-built by master-certified Automotive Service Excellence ("ASE") craftsmen. The company’s global headquarters, known as the "Rover Dome," is located in Kissimmee, Florida [1].
In addition to its ongoing efforts to maintain Nasdaq compliance, ECD has recently expanded into the Porsche 911 restoration and customization market with the launch of Project Gravette, a bespoke Porsche 993. This initiative reflects the company’s commitment to high-quality, personalized luxury builds and responds to strong demand from its customer base [2].
ECD Automotive Design regained Nasdaq compliance after meeting the minimum bid price requirement. The company's shares closed at $2.72 on October 10, 2025, exceeding the $1.00 requirement. ECD's CEO, Scott Wallace, commented on the achievement, highlighting the importance of continued listing on the exchange. The company specializes in luxury vehicle restoration and custom builds, including Land Rovers, Jaguars, and Ford Mustangs.
ECD Automotive Design, Inc. (NASDAQ: ECDA), a leading company in luxury vehicle restoration and custom builds, has regained compliance with Nasdaq Listing Rule 5550(a)(2). The company achieved this milestone by meeting the minimum bid price requirement, which was confirmed by Nasdaq on October 10, 2025. ECD shares closed at approximately $2.72 on the same day, surpassing the required $1.00 per share for the 16-consecutive business day period ending October 9, 2025 [1].Scott Wallace, CEO and Co-Founder of ECD, expressed satisfaction with the achievement, stating, "We are pleased to have met this requirement, which supports ECD’s continued listing on Nasdaq and provides the ongoing tradability and liquidity of our shares for investors." The company continues to work towards meeting the remaining condition outlined by the Nasdaq Hearings Panel, which requires compliance with Nasdaq’s equity standard by January 7, 2026 [1].
ECD Automotive Design specializes in restoring classic vehicles such as Land Rover Defenders, Land Rover Series IIA, Range Rover Classic, Jaguar E-Type, Ford Mustangs, and Toyota FJs. The company is known for its high-quality, bespoke builds, each designed by clients through an immersive luxury design experience and hand-built by master-certified Automotive Service Excellence ("ASE") craftsmen. The company’s global headquarters, known as the "Rover Dome," is located in Kissimmee, Florida [1].
In addition to its ongoing efforts to maintain Nasdaq compliance, ECD has recently expanded into the Porsche 911 restoration and customization market with the launch of Project Gravette, a bespoke Porsche 993. This initiative reflects the company’s commitment to high-quality, personalized luxury builds and responds to strong demand from its customer base [2].
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