secwatch.observer — SEC 8-K summary
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Issuer:     Zoomcar Holdings, Inc. (ZCAR)
CIK:        0001854275
Form:       8-K
Filed at:   2025-03-21T23:59:59+00:00
Accession:  0001013762-25-000768
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoomcar Board resets Series B warrant exercise price to $0.312 floor; authorizes claim settlements with offering units
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- Board fixed Reset Price of all Series B Warrants to Floor Price of $0.312 per share ($6.24 post-reverse split effective March 21).
- Series B Warrants become immediately exercisable up to Maximum Eligibility Amount at the new Reset Price.
- Board authorized management to settle outstanding claims using units in the existing private placement offering.
- Previous closings raised ~$5.48M (Dec 25, 2024) and ~$1.44M (Feb 4, 2025) under the Offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854275/000101376225000768/0001013762-25-000768-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854275/000101376225000768/ea0235185-8k_zoomcar.htm
  HTML page:      https://secwatch.observer/filing/0001013762-25-000768

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