ECD Automotive Design, Inc. (ECDA) disclosed that its institutional investor, which is also its parent company, exercised its right to purchase additional senior secured convertible notes. The additional notes have an original principal amount of $395,859.66, purchased for $360,326.85. These notes mature on December 12, 2026, unless converted or redeemed, with the Holder having the right to extend the maturity date. A beneficial ownership limitation prevents the Holder from owning more than 9.99% of the outstanding Common Stock immediately after conversion. Without the beneficial ownership limitation, the additional notes would be convertible into 116,429,312 shares of Common Stock at a floor price of $0.0034 per share. The Holder currently has aggregate outstanding principal loans to the Company totaling $12,844,574. The offer and sale of these notes and the underlying common stock are exempt from registration under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D.