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

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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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