secwatch.observer — SEC 8-K summary
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Issuer:     Zoomcar Holdings, Inc. (ZCAR)
CIK:        0001854275
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001213900-24-087431
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Zoomcar shareholders approve reverse stock split and bridge warrant issuance
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- Reverse split approved (ratio 1:50 to 1:150, board discretion); FOR 32.9M, AGAINST 2.0M, ABSTAIN 2.9M.
- Bridge warrants for up to 55,084,746 shares at $0.1416/share approved; FOR 28.8M, AGAINST 1.4M, ABSTAIN 3.7M.
- Class I directors Swatick Majumdar (29.3M FOR) and John Clarke (29.6M FOR) elected.
- Grant Thornton Bharat LLP ratified as auditor for FY ending March 2025; FOR 34.4M, AGAINST 0.7M, ABSTAIN 2.7M.
- Annual meeting required four adjournments to reach quorum of 50.31% (37.8M shares).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854275/000121390024087431/0001213900-24-087431-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854275/000121390024087431/ea0217322-8k_zoomcar.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-087431

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer