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ECD Automotive shares surge 36.24% after-hours after SEC approves $300M stock sale to fund operations and Bitcoin acquisitions.
ByAinvest
Tuesday, Nov 4, 2025 5:34 pm ET1min read
ECD Automotive Design (NASDAQ: ECDA) surged 36.24% in after-hours trading following two key announcements. The company received SEC approval to sell up to $300 million in common stock, providing liquidity for operations and Bitcoin acquisitions. Simultaneously, its first custom Porsche 911, Project Gravette, won “Best in Show – European Modified Division” at the 2025 Festivals of Speed. This award validated the Boutique Division’s expansion into Porsche 911s, enhancing brand visibility and signaling strong growth potential in custom luxury vehicles. The combination of capital-raising flexibility and industry recognition likely drove the sharp post-market rally.
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