NEW YORK, NY, Sept. 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- EF Hutton Acquisition Corporation I (the "Company") today announced the closing of its initial public offering of 11,500,000 units priced at $10.00 per unit, including 1,500,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option. The units are listed on the Nasdaq Global Market ("Nasdaq") and began trading on September 9, 2022 under the ticker symbol "EFHTU". Each unit consists of one share of common stock, one redeemable warrant and one right to receive 1/8 of one share of common stock upon the consummation of the initial business combination. Each warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share.  Once the securities comprising the units begin separate trading, shares of common stock, warrants and rights are expected to be listed on Nasdaq under the symbols "EFHT", “EFHTW”, and "EFHTR," respectively. 

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