Zoomcar Holdings, INC 8-K filings

Zoomcar Holdings, Inc. announces the fixing of the Reset Price for its Series B Warrants and authorization for management to settle outstanding claims.

Zoomcar Holdings, Inc. will implement a 1-for-20 reverse stock split effective March 21, 2025, to increase its stock price and maintain Nasdaq listing compliance.

Zoomcar Holdings, Inc. shareholders approved all proposals at a special meeting, including a reverse stock split, private placement offerings, and an amendment to the equity incentive plan.

Zoomcar Holdings, Inc. has been granted continued listing on Nasdaq, contingent upon transferring to the Nasdaq Capital Market and meeting a minimum stockholders' equity requirement by March 31, 2025.

Zoomcar Holdings completes a second closing of its private placement, raising $1.44 million in gross proceeds, and settles litigation by issuing securities.

Zoomcar Holdings, Inc. is facing potential delisting from the Nasdaq due to non-compliance with market value requirements, while also announcing the appointment of a permanent CFO and restoration of the CEO's original salary.

Zoomcar Holdings, Inc. has appointed Shachi Singh, the company's General Counsel and Chief Legal Officer, as an executive officer, effective immediately, and has detailed her employment agreement.

Zoomcar Holdings has successfully completed a private placement, raising $5.48 million through the sale of common stock and pre-funded warrants, along with additional warrants.

Mark Bailey resigned from Zoomcar Holdings' board of directors effective immediately on December 6, 2024.

Zoomcar Holdings has entered into a securities purchase agreement for a private placement, raising $9.15 million through the sale of units to institutional investors.

Zoomcar Holdings, Inc. received a delisting notice from Nasdaq after failing to meet minimum market value and share price requirements, and will request a hearing to appeal the decision.

Zoomcar Holdings, Inc. received a notice from Nasdaq indicating that its publicly held shares are below the minimum requirement for continued listing, adding to previous non-compliance issues.

Zoomcar Holdings, Inc. will implement a 1-for-100 reverse stock split effective October 21, 2024, to increase its per share trading price and maintain its Nasdaq listing.

Zoomcar Holdings held its annual meeting, approving the election of directors, a reverse stock split, bridge warrants, and the ratification of its accounting firm.

Zoomcar Holdings, Inc. has further adjourned its 2024 annual meeting to October 8, 2024, due to insufficient shareholder representation for a quorum.

Zoomcar Holdings, Inc. has adjourned its 2024 annual meeting for a second time due to insufficient shareholder representation to form a quorum.

Zoomcar Holdings has announced its 2024 annual shareholder meeting date and a new deadline for shareholder proposals and director nominations.

Zoomcar Holdings, Inc. received a delisting notice from Nasdaq for failing to maintain a minimum market value of publicly held shares and has reduced the interim CEO's salary by 50%.

Zoomcar Holdings, Inc. announces the resignation of its President, Adarsh Menon, effective June 30, 2024.

Zoomcar Holdings has entered into a securities purchase agreement, issuing $3.6 million in notes and warrants for 52.9 million shares, while also experiencing a CEO change.

Zoomcar Holdings, Inc. has granted written consent for Atalaya to convert up to $3 million of its convertible note at the Amortization Conversion Price.

Zoomcar Holdings, Inc. has entered into a $25 million equity line of credit agreement with White Lion Capital LLC, while also receiving a notice from Nasdaq regarding non-compliance with minimum bid price and market value requirements.

Zoomcar Holdings, Inc. has announced the mutual separation of its Chief Financial Officer, Geiv Dubash, effective April 12, 2024, and appointed Sachin Gupta as interim CFO.

Zoomcar Holdings amended its lock-up release agreement with certain investors, removing sales restrictions and extending the release period, while also receiving a notice from Nasdaq regarding board composition compliance.

Zoomcar reported record gross profit and non-GAAP contribution profit in the third fiscal quarter of 2023, while also projecting substantial revenue growth and improved profitability for 2024.

Zoomcar Holdings has officially appointed Grant Thornton Bharat LLP as their independent auditor for the fiscal year ending March 31, 2024, following the dismissal of Marcum LLP.

Zoomcar Holdings has entered into a lock-up release agreement with two former members of its sponsor, allowing them to sell shares for a limited time in exchange for a fee, and a director has resigned.

Zoomcar has appointed Adarsh Menon as President to lead the company's growth, operations, and customer experience initiatives.