PAG.law PLLC is thrilled to share that our firm has played a pivotal role in a landmark transaction – the successful de-SPAC merger of Humble Imports, Inc., known as ECD Auto Design, which is now listed on the NASDAQ under the ticker "ECDA". This achievement is a testament to the dedication and expertise of our team. Special kudos to Partners David Johnson (New York) and Zac Soto (Miami), along with Associate Felipe Saraiva Carneiro (New York), for their tireless efforts. Their collaboration with ShuffieldLowman has set a new standard in the legal industry. ECD Auto Design, a leader in the luxury vehicle market, brings unique offerings by blending classic English elegance with modern performance. This merger, valuing ECD at $330 million, opens new doors for their growth and reinforces our commitment to facilitating groundbreaking deals. We are immensely proud of our team for navigating the complexities of SEC review, shareholder proxy solicitation, and securing crucial financings. This achievement not only highlights PAG Law's expertise in corporate and regulatory law but also our commitment to supporting innovative companies in their growth journey. Let's congratulate everyone involved in making this happen! Here's to many more successes and to continuing to make a significant impact in the corporate law sphere. #PAGLaw #CorporateLaw #MergersAndAcquisitions #NASDAQ #Innovation #Growth #Success #LegalExcellence
Nice to see that my partners at PAG.law PLLC David Johnson Zac Soto close a de-SPAC transaction for our client ECD Auto Design. Always proud to help a PAG Law client be listed on the NASDAQ under the ticker symbol "ECDA" https://lnkd.in/gHGHpkS2 PAG Law Partners with ShuffieldLowman to Counsel ECD Auto Design in Public Listing on NASDAQ PAG Law, a boutique law firm with offices in in Miami and New York, is thrilled to announce the closing of a de-SPAC transaction for our client Humble Imports, Inc. d/b/a ECD Auto Design, with ECD to be listed on the NASDAQ Stock Market under the ticker symbol "ECDA" on December 13th, 2023. Partners David Johnson (New York) and Zachary Soto (Miami), working with Associate Felipe Saraiva (New York) and co-counsel, ShuffieldLowman, counseled ECD through its merger with EF Hutton Acquisition Corporation I, along with its successful SEC review and shareholder proxy solicitation, and the obtaining of bridge financings in advance of the merger. ECD is an industry leader in delivering restored, modified and electrified luxury vehicles that combine classic English beauty with modern performance, headquartered in Kissimmee, Florida with an affiliated logistics center in the U.K. The transaction will give ECD, with a proforma enterprise?value of $330 million, access to capital that will allow them to accelerate their already impressive growth as luxury vehicle creators. Zachary Soto said, "As a boutique firm, we are proud to be able to assist on such a significant and complex transaction thanks to our unique team of experienced corporate and regulatory attorneys. Being able to do so for a company based in Florida, my home, makes this even more special." About PAG Law PAG Law is a premier law firm with expertise in corporate law, financing and securities law. With offices in Miami and New York, the firm offers a unique blend of expertise, delivering high-quality legal services to a diverse clientele. https://pag.law/