---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-106454"
form_type: "8-K"
ticker: "ZCAR"
cik: "0001854275"
company_name: "Zoomcar Holdings, Inc."
filed_at: "2023-10-03T23:59:59+00:00"
generated_at: "2026-06-10T05:38:29.633978+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# IOAC and Zoomcar S-4 effective; shareholder meeting set for Oct 25 to approve merger

## Summary
- Registration statement on Form S-4 declared effective by SEC on Sept 29, 2023.
- Extraordinary general meeting of IOAC shareholders scheduled for Oct 25, 2023 to vote on business combination.
- Record date for IOAC shareholders is Sept 20, 2023.
- Closing expected Q4 2023; combined company to list as Zoomcar Holdings, Inc. on NASDAQ under 'ZCAR'.
- IOAC issued $90K promissory note to sponsor for third monthly extension, total sponsor support up to $270K.

## SEC filing metadata
- accession: 0001104659-23-106454
- form_type: 8-K
- ticker: ZCAR
- cik: 0001854275
- company_name: Zoomcar Holdings, Inc.
- filed_at: 2023-10-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854275/000110465923106454/0001104659-23-106454-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854275/000110465923106454/tm2327590d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-106454
- JSON: https://secwatch.observer/filing/0001104659-23-106454.json
- Plain text: https://secwatch.observer/filing/0001104659-23-106454.txt

## Key facts
- Debt Financings
  Zoomcar Holdings, Inc. incurred loan of up to $90,000 with Innovative International Sponsor I LLC at bears no interest maturing on the date on which the Company consummates an initial business combination.
  - Instrument: loan
  - Principal: up to $90,000
  - Counterparty: Innovative International Sponsor I LLC
  - Rate: bears no interest
  - Maturity: on the date on which the Company consummates an initial business combination
  - Event: incurrence
  source text: On October 3, 2023, the Company issued a promissory note in favor of the Sponsor (the “Note”) in the principal amount of up to $90,000 for expenses accrued in connection with the third monthly extension. The Note is non-convertible and bears no interest, and the principal balance is payable by the Company on the date on which the Company consummates an initial business combination.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854275/000110465923106454/0001104659-23-106454-index.htm

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