EF Hutton Acquisition Corporation I Rights

EF Hutton Acquisition Corporation I Rights

EFHTR
EF Hutton Acquisition Corporation I RightsUS flagNASDAQ Global Market
0.31
USD
+0.04
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChat
CEO
Benjamin Piggott
Sector
Financial Services
Industry
Shell Companies
Address
24 Shipyard Drive Hingham MA United States of America 02043
Business
EF Hutton Acquisition Corporation I Rights (EFHTR) represent the rights component of units issued by EF Hutton Acquisition Corporation I, a blank check company whose primary business is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar initial business combination with one or more businesses, with a focus on the consumer and retail industry; each right entitles the holder to receive one-eighth of one share of common stock upon consummation of the initial business combination. The rights originally traded separately on the Nasdaq Global Market following separation from units listed under EFHTU, which included one share of common stock, one redeemable warrant (EFHTW), and one right (EFHTR). The company, founded in 2021 and headquartered in Hingham, Massachusetts, raised $115 million in its initial public offering in September 2022, with proceeds held in trust primarily for the intended business combination. In December 2023, EF Hutton Acquisition Corporation I completed a business combination with ECD Automotive Design, Inc., a Florida-based restorer of luxury classic Land Rover Defenders, resulting in the combined entity operating as ECD Automotive Design, Inc. (ECDA); post-merger, EFHTR rights were suspended from trading effective December 13, 2023, while the combined company's common stock (ECDA) remained listed on Nasdaq Global Market and warrants (ECDAW) moved to Nasdaq Capital Market.