secwatch.observer — SEC 8-K summary
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Issuer:     Zoomcar Holdings, Inc. (ZCAR)
CIK:        0001854275
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0001213900-25-025152
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoomcar to effect 1-for-20 reverse stock split effective March 21, 2025
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- Stockholders approved reverse split range (1:2 to 1:20) on Feb 18; Board set 1-for-20 on Mar 9.
- Reverse split reduces shares from ~14.2M to ~710k; ratio 1:20, par value unchanged.
- Split effective 4:30pm ET March 21; trading on split-adjusted basis begins March 24.
- Purpose: to increase per-share price and maintain Nasdaq minimum bid price compliance.
- New CUSIP 45784G309; Equiniti acts as exchange agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854275/000121390025025152/0001213900-25-025152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854275/000121390025025152/ea0234963-8k_zoomcar.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-025152

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