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SPAC · Merger completed

EF Hutton Acquisition Corporation I

Business combination with Humble

EF Hutton Acquisition Corporation I is a blank-check company (SPAC) that raised $100M in its initial public offering on Sep 9, 2022, listing on Nasdaq Global Market. It completed its business combination with Humble on Dec 12, 2023; the combined company is ECD Automotive Design, Inc. (ECDA). EF Hutton led the IPO, with Benchmark. Loeb & Loeb advised the SPAC and Hogan Lovells advised the underwriters on the IPO.

Humble, through E.C.D. Automotive Design, creates restored luxury vehicles combining classic English styling with modern performance. Founded in 2013, E.C.D. is headquartered in Kissimmee, Florida, in a 100,000-square-foot facility with 70 craftsmen and technicians.

Status
Merger completed
IPO date
Sep 9, 2022
IPO size
$100M
IPO exchange
Nasdaq Global Market
Target
Humble (ECD Automotive Design)
Announced
Mar 6, 2023
Closed
Dec 12, 2023
Combined company
ECD Automotive Design, Inc. (ECDA)
IPO underwriters
EF Hutton and Benchmark
SPAC counsel (IPO)
Loeb & Loeb
Underwriters' counsel (IPO)
Hogan Lovells

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