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. 


NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.