---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-24-001589"
form_type: "8-K"
ticker: "ZCAR"
cik: "0001854275"
company_name: "Zoomcar Holdings, Inc."
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T16:00:24.550546+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zoomcar receives Nasdaq delisting notice for MVPHS non-compliance; CEO salary halved

## Summary
- Received Nasdaq notice on July 22, 2024 for failing minimum market value of publicly held shares ($15M).
- 180-day compliance period ends Jan 21, 2025; must close at $15M for 10 consecutive days.
- Company also not compliant with minimum bid price ($1) or market value of listed securities ($35M).
- CEO Hiroshi Nishijima's base salary reduced 50% from $350K to $175K, retroactive to June 1, 2024.

## SEC filing metadata
- accession: 0001013762-24-001589
- form_type: 8-K
- ticker: ZCAR
- cik: 0001854275
- company_name: Zoomcar Holdings, Inc.
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854275/000101376224001589/0001013762-24-001589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854275/000101376224001589/ea0210114-8k_zoomcar.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-24-001589
- JSON: https://secwatch.observer/filing/0001013762-24-001589.json
- Plain text: https://secwatch.observer/filing/0001013762-24-001589.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.