{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-009335","form_type":"8-K","ticker":"ZCAR","cik":"0001854275","company_name":"Zoomcar Holdings, Inc.","filed_at":"2024-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.036225+00:00","generated_at":"2026-06-06T10:09:31.140527+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Zoomcar grants lock-up release for 4.42M shares; director David Ishag resigns","bullets":["Released 2,375,925 shares (ASJC Global) and 2,041,575 shares (Cohen Sponsor) from lock-up for 120 days.","Consideration: cash fee of $0.50–$1.50 per share sold less legal fees up to $50,000, paid within 3 days after each 14-day period.","Director David Ishag resigned January 30, 2024; not related to any disagreement with the company.","Shares not sold during the 120-day period will have lock-up restrictions re-affixed; no fee due for those unsold shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-009335","json":"https://secwatch.observer/filing/0001213900-24-009335.json","markdown":"https://secwatch.observer/filing/0001213900-24-009335.md","text":"https://secwatch.observer/filing/0001213900-24-009335.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1854275/000121390024009335/0001213900-24-009335-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1854275/000121390024009335/ea192584-8k_zoomcar.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T10:09:31.140527+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":"8c2b44e6d8","claim":"David Ishag resigned as member of the board of directors at Zoomcar Holdings, Inc..","evidence_excerpt":"On January 30, 2024, David Ishag tendered his resignations as a member of the board of directors of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854275/000121390024009335/0001213900-24-009335-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"member of the board of directors"}],"fact_type":"executive_change"},{"claim_id":"dab9718041714724fce326d58a047bffb822d367","claim":"Zoomcar Holdings, Inc. entered into Lock-Up Release Agreement with ASJC Global LLC – Series 24 and Cohen Sponsor LLC – A24 RS valued at cash fee to be paid by the Lock-Up Release Parties to the Company within 3 business days following e (effective 2024-02-01).","evidence_excerpt":"On February 1, 2024, the Company entered into an agreement (the “ Lock-Up Release Agreement ”) with two of the former members of the Sponsor, ASJC Global LLC – Series 24 (“ ASJC ”) and Cohen Sponsor LLC – A24 RS (“ Sponsor Investor ”, and together with ASJC, the “ Lock-Up Release Parties ”), pursuant to which the Company agreed to waive the lock-up restrictions provided for in the Letter Agreement with respect to the Lock-Up Release Parties for a period of 120 days (the “ Lock-Up Release Period ”) in exchange for a cash fee","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1854275/000121390024009335/0001213900-24-009335-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"ASJC Global LLC – Series 24 and Cohen Sponsor LLC – A24 RS"},{"label":"Value","value":"cash fee to be paid by the Lock-Up Release Parties to the Company within 3 business days following e"},{"label":"Effective","value":"2024-02-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}