Home / Going-concern warnings / ECD Automotive Design, Inc.
Filed 2025-04-15 路 Form 10-K 路 Accession 0001213900-25-032218 micro
Price before filing: $109.3 (2025-04-14 close, split/dividend-adjusted)
Market cap at flag: $100.5M (2025-04-15) 路 Latest: $3,210 (2026-03-17)
| Window | ECDA | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -33.9% | +9.5% | -43.5% | 2025-05-15 |
| 90 days | -51.2% | +16.2% | -67.5% | 2025-07-14 |
| 180 days | -86.9% | +23.7% | -110.6% | 2025-10-13 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-15 to 2025-05-15. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"As a result of the above, in connection with the Company's assessment of going concern considerations in accordance with FASB Accounting Standards Update ("ASU") 2014-15, "Disclosures of Uncertainties about an Entity's Ability to Continue as a Going Concern", Management has determined that the Company's liquidity condition raises substantial doubt about the Company's ability to continue as a going concern through..."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-K (period 2024-12-31)
Why this score: also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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