Zoomcar appoints Waze co-founder Uri Levine as Chairman; $500K bonus, 1M RSUs subject to approval

Zoomcar Holdings, Inc.

Uri Levine appointed Class III Director and Chairman effective March 31, 2025, filling vacancy from Mark Bailey's resignation.
Compensation includes $29,166 monthly service fee and $500,000 cash bonus payable by Sept 30, 2025.
Subject to stockholder approval, Levine receives 1,000,000 restricted shares vesting on 2nd anniversary or Zoomcar India achieving $20M+ revenue in FY2026.
Levine's prior consulting agreement terminated; he co-founded Waze (acquired by Google for $1.1B) and served on Infosys board.
No family relationships or material transactions; Levine selected as independent contractor, not employee.

item 5.02 item 9.01

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Appointed

Uri Levine

Chairman of the Board and Class III Director

ZCAR · Zoomcar Holdings, Inc.

Effective: 2025-03-31
Filed: April 3, 2025, 7:59 PM ET

Effective as of March 31, 2025, the Board of Directors (the “Board”) of the Company appointed Uri Levine, as a member and Chairman of the Board

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Uri Levine was appointed as Chairman of the Board and Class III Director at Zoomcar Holdings, Inc..

Action: appointed
Role: Chairman of the Board and Class III Director

Exact text from the filing

Effective as of March 31, 2025, the Board of Directors (the “Board”) of the Company appointed Uri Levine, as a member and Chairman of the Board

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Zoomcar Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-028665

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