E.F. Hutton taking Rover and Jaguar EV conversion company E.C.D. public through SPAC merger

Humble Imports Inc., which does business under the name E.C.D. Auto Design, said Monday it agreed to become a publicly-traded company in a merger with EF...

Humble Imports Inc., which does business under the name E.C.D. Auto Design, said Monday it agreed to become a publicly-traded company in a merger with EF Hutton Acquisition Corp. I EFHT that values the Land Rover and Jaguar electric vehicle conversion specialist at $225 million. EF Hutton Acquisition Corp. I is a special purpose acquisition company formed by affiliates of EF Hutton, a unit of Benchmark Investments LLC. Kissimmee, Fla.-based E.C.D. will change its name to E.C.D.

I EFHT that values the Land Rover and Jaguar electric vehicle conversion specialist at $225 million. EF Hutton Acquisition Corp. I is a special purpose acquisition company formed by affiliates of EF Hutton, a unit of Benchmark Investments LLC. Kissimmee, Fla.-based E.C.D. will change its name to E.C.D. Automotive Design Inc. for trading on the Nasdaq Stock Market.

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