ECD Automotive Design, Inc. - Schedule 13D Filing
ATW Partners Opportunities Management, LLC, along with other reporting persons, has filed a Schedule 13D regarding their beneficial ownership of ECD Automotive Design, Inc. common stock. This filing supersedes a previous Schedule 13G filing. The reporting persons acquired 207,008,547 shares of common stock, representing 100% of the outstanding shares, through an exchange transaction and a subsequent short-form merger. This strategic move aims to preserve investment value and increase the likelihood of recovering proceeds from certain debt and preferred stock. The reporting persons intend to control the issuer's management and plan to terminate the registration of its securities under the Securities Exchange Act of 1934. They reserve the right to restructure the business and management, including potential strategic transactions, liquidation, or dividend distributions. Additional financing may also be provided to the issuer. The reporting persons may, at any time, review or reconsider their position and formulate plans or proposals, which could lead to various actions. The transactions were funded through the working capital of ATW Opportunities Master Fund II, L.P., with no borrowed funds used for the acquisition. Several agreements and transactions, including securities purchase agreements and various amendments and waivers, have occurred between the reporting persons and the issuer leading up to this filing. Notable transactions in the past sixty days include conversions of Series C Preferred Shares to Common Stock and several open market sales of Common Stock. A significant exchange of Series C Preferred Shares for Common Stock occurred on March 11, 2026, resulting in the current ownership structure.