{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-121294","form_type":"8-K","ticker":"ZCAR","cik":"0001854275","company_name":"Zoomcar Holdings, Inc.","filed_at":"2023-11-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.077718+00:00","generated_at":"2026-06-07T21:40:30.703584+00:00","sec_items":["3.01","7.01","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"IOAC faces Nasdaq delisting for MVLS non-compliance; Zoomcar merger consent solicitation extended again","bullets":["Nasdaq notified IOAC that securities will be suspended on Nov 29, 2023, for failing to meet $50M MVLS minimum; IOAC requested hearing to stay suspension.","IOAC also previously failed total shareholder requirement; additional delisting basis.","Zoomcar extended consent return deadline to Nov 28, 2023, but has not yet received requisite stockholder approvals for business combination and pre-closing amendments.","Zoomcar distributed revised consent solicitation materials including potential additional investments by Ananda Trust with dilutive effects.","IOAC moved trust funds to segregated bank account to avoid being deemed an unregistered investment company."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-121294","json":"https://secwatch.observer/filing/0001104659-23-121294.json","markdown":"https://secwatch.observer/filing/0001104659-23-121294.md","text":"https://secwatch.observer/filing/0001104659-23-121294.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854275/000110465923121294/0001104659-23-121294-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854275/000110465923121294/tm2331570d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T21:40:30.703584+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e83eaf5164e25381130a59883c09e0d3495d7543","claim":"Zoomcar Holdings, Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A), 5450(a)(2)).","evidence_excerpt":"ts a hearing to appeal this determination by 4:00 p.m. Eastern Time on November 27, 2023, and Innovative has requested such hearing. The market value of Innovative’s listed securities was below the $50,000,000 minimum MVLS requirement for continued listing on Nasdaq Global under Nasdaq Listing Rule 5450(b)(2)(A) (the “MLVS Rule”) and had not been at least $50,000,000 for the proceeding 30 consecutive trading days. As previously reported by Innovative on its Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on April 6, 2023, the Nasdaq initially notified I","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854275/000110465923121294/0001104659-23-121294-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"5450(b)(2)(A), 5450(a)(2)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}