Special meeting at ECD Automotive (NASDAQ: ECDA) ends without quorum
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
ECD Automotive Design, Inc. reported that a special meeting of stockholders scheduled for January 12, 2026 was cancelled because a quorum was not achieved.
On the December 12, 2025 record date, 6,876,873 shares of common stock were entitled to vote, and the presence of holders of 2,292,291 shares, or one-third of the issued and outstanding common stock entitled to vote, was required for a quorum. That threshold was not met, so no business was conducted and no proposals were voted on at the special meeting.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
FAQ
What happened at ECD Automotive Design (ECDA)'s January 12, 2026 special meeting?
The January 12, 2026 special meeting of stockholders was cancelled because a quorum was not present, so no business was conducted and no proposals were voted on.
What quorum was required for ECD Automotive Design's special meeting?
A quorum required the presence in person or by proxy of holders of 2,292,291 shares, representing one-third of the issued and outstanding common stock entitled to vote.
Why did ECD Automotive Design (ECDA) cancel the special meeting?
The special meeting was cancelled because the required quorum of 2,292,291 shares was not reached, and without a quorum the company could not conduct any stockholder business.
Were any proposals approved at ECD Automotive Design's cancelled special meeting?
No. Because a quorum was not present and the meeting was cancelled, no proposals were presented or approved at the special meeting.
What document governed ECD Automotive Design's special meeting of stockholders?
The special meeting was held pursuant to a definitive proxy statement filed with the Securities and Exchange Commission on December 29, 2025.