ECD Automotive Design, Inc. (NASDAQ: ECDA) announced on October 15 2025 that it has satisfied Nasdaq’s minimum bid‑price requirement, thereby regaining compliance with Listing Rule 5550(a)(2). The company received a written notice from Nasdaq on October 10 2025 confirming that it met the requirement for 16 consecutive business days ending October 9 2025.
The announcement notes that ECDA’s shares closed at approximately $2.72 per share on October 10 2025, demonstrating that the company’s market price has consistently exceeded the $1.00 minimum bid‑price threshold required for continued Nasdaq listing. This regulatory compliance prevents a potential delisting and preserves the company’s trading liquidity, which is essential for a firm that has previously faced a “going concern” warning and a Nasdaq delisting notice.
ECDA remains committed to meeting the remaining continued‑listing condition, which requires compliance with Nasdaq’s equity‑standard rule by January 7 2026. The company’s statement indicates ongoing efforts to satisfy this requirement while maintaining its current listing status.
The satisfaction of the bid‑price condition is a significant regulatory milestone for ECDA, ensuring continued Nasdaq trading and protecting investor access to the company’s shares. It also supports the firm’s broader financial stability efforts, including its recent equity facility and debt‑for‑equity exchanges, by maintaining a public listing that facilitates future capital raising and liquidity management.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.