---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-028665"
form_type: "8-K"
ticker: "ZCAR"
cik: "0001854275"
company_name: "Zoomcar Holdings, Inc."
filed_at: "2025-04-03T23:59:59+00:00"
generated_at: "2026-05-23T22:47:44.130848+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-028665
- form_type: 8-K
- ticker: ZCAR
- cik: 0001854275
- company_name: Zoomcar Holdings, Inc.
- filed_at: 2025-04-03T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854275/000121390025028665/0001213900-25-028665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854275/000121390025028665/ea0237115-8k_zoomcar.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-028665
- JSON: https://secwatch.observer/filing/0001213900-25-028665.json
- Plain text: https://secwatch.observer/filing/0001213900-25-028665.txt

## Key facts
- Executive change
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854275/000121390025028665/0001213900-25-028665-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
