Zoomcar Holdings, Inc.

Zoomcar Holdings, Inc. announced the third closing of its private placement, raising approximately $195,000 in gross proceeds. The company issued 195 Series A Units, each comprising one Series A Convertible Preferred Stock and one Series A Warrant. The overall offering targets up to $5 million, with an additional $5 million overallotment option, and is set to conclude by July 30, 2026. Additionally, the company extended a consultancy agreement with Mr. Deepankar Tiwari for another year.

Zoomcar Holdings, Inc. announced its Annual General Meeting on July 20, 2026, where shareholders will vote on several significant corporate actions. Key proposals include increasing authorized common stock from 250 million to 1.99 billion shares and approving a reverse stock split at a ratio between one-for-two and one-for-eight hundred. Additionally, the company seeks approval to issue up to 509.2 million shares for a warrant exchange and to grant 1 million restricted shares to its Chairman. The Board unanimously recommends voting in favor of all proposals.

Zoomcar Holdings, Inc. completed the second closing of its Series A private placement on June 18, 2026. The company issued 537 Series A Units, each priced at $1,000, generating approximately $537,000 in gross proceeds. Each Unit comprises one Series A Convertible Preferred Stock and one Series A Warrant to purchase common stock. The offering aims to raise up to $5,000,000, with an additional $5,000,000 overallotment option, and is set to conclude by July 30, 2026.

Zoomcar Holdings, Inc. announced an extension of its Offer to Exchange outstanding warrants for shares of the company's common stock. The offer, previously set to expire on June 30, 2026, will now expire on July 24, 2026, at 5:00 p.m., Eastern Time. This extension aims to provide additional time for warrant holders to participate and to allow for the satisfaction of conditions, including obtaining stockholder approval for an increase in authorized common stock.

Zoomcar Holdings Inc. completed the second closing of its previously announced private placement, raising approximately $537,000 in gross proceeds. The company issued 662 Series A units, each comprising one Series A Convertible Preferred Stock and one Series A warrant, at a price of $1,000 per unit. The total offering aims to raise up to $5 million, with an option for an additional $5 million, and is set to conclude by June 30, 2026. The Preferred Shares are convertible at $0.05 per share, and warrants are exercisable at $0.0625 per share.

Zoomcar Holdings, Inc. announced the initial closing of its private placement of Series A units, raising approximately $1.143 million in gross proceeds. The offering, conducted under Section 4(a)(2) and Rule 506(c), aims to raise up to $5 million, with an option for an additional $5 million. The units consist of convertible preferred stock and warrants, with specific conversion and exercise prices detailed. ThinkEquity LLC served as the placement agent.

Zoomcar Holdings, Inc. has furnished an updated investor presentation, dated May 19, 2026, outlining a private placement offering. The company aims to raise a minimum of $1,000,000 and a maximum of $5,000,000, with an over-allotment option for an additional $5,000,000, with funds to be received by June 30, 2026. The offering includes Preferred Stock convertible into common stock and warrants, featuring price protection mechanisms and registration rights. The presentation also highlights Zoomcar's market leadership in India's peer-to-peer car-sharing, its nine consecutive quarters of positive contribution margin, and its strategic growth initiatives.

Zoomcar Holdings, Inc. released preliminary, unaudited financial estimates for the fiscal year ending March 31, 2026, projecting a 70% year-over-year reduction in net loss and a 54% reduction in Adjusted EBITDA loss. For Q3 FY25-26, the company reported a Gross Booking Value of $6.60 million and a record contribution profit of $1.38 million. Additionally, Zoomcar extended its warrant exchange offer to June 30, 2026, and is pursuing a bridge financing round of up to $5 million to strengthen its balance sheet and fund growth.

Zoomcar Holdings, Inc. entered into several agreements to resolve outstanding financial obligations and legal actions. The company agreed to pay ACM Zoomcar Convert LLC $2.5 million in cash and issue equity for the remaining $3.5 million of a $6 million judgment. Additionally, Zoomcar settled a legal action with Reimer Family Partnership, L.P. by agreeing to issue 39 million shares of common stock, capped at $2 million, and provided a $2.5 million confession of judgment as a backstop. The company also secured standstill agreements with CFI Capital LLC and Labrys Fund II, L.P. regarding convertible promissory notes, extending forbearance periods and outlining prepayment terms.

Zoomcar Holdings, Inc. announced the extension of its previously disclosed offer to exchange certain outstanding warrants for shares of the company's common stock. The expiration date for the Offer to Exchange has been moved from May 11, 2026, to June 30, 2026. This extension aims to provide additional time for warrant holders to consider the offer and for the satisfaction of conditions, including stockholder approval for an increase in authorized common stock shares.