DelistingJul 14, 2026, 05:41 PM
Zoomcar Delisted from Nasdaq, Now Trades on OTC Markets
AI Summary
Zoomcar Holdings, Inc. was delisted from Nasdaq on May 6, 2025, after failing to meet continuing listing standards. Its common stock and public warrants subsequently commenced trading on the OTC Markets Group on May 8, 2025. The company completed its business combination on December 28, 2023, and has since strategically exited operations in Vietnam, Indonesia, and Egypt to concentrate resources on the Indian market. As of March 31, 2026, Zoomcar reported 33,383 registered Host vehicles and 2.5 million active Guests.
Key Highlights
- Delisted from Nasdaq on May 6, 2025, due to failure to meet listing standards.
- Common stock and public warrants began trading on OTC Markets Group on May 8, 2025.
- Business Combination was consummated on December 28, 2023.
- Ceased operations in Vietnam (2023), Indonesia and Egypt (2024) to focus on India.
- As of March 31, 2026, had 33,383 registered Host vehicles and 2.5 million active Guests.
- Estimated annual global serviceable addressable market opportunity of $46.5 billion.
- Estimated annual global total addressable market opportunity of $186 billion.
- India's total addressable market is estimated at $74.4 billion.
Price Impact
More from ZCAR