Zoomcar Holdings, Inc. (ZCAR): Nasdaq/NYSE listing notice — Zoomcar receives Nasdaq delisting notice; to trade on OTCQX from May 8, 2025

Zoomcar Holdings, Inc.

Nasdaq Hearings Panel determined to delist Zoomcar's common stock and warrants for failure to meet continued listing requirements.
Trading suspension on Nasdaq effective May 8, 2025; company expects to begin trading on OTCQX Best Market and OTCQB Venture Market that same day.
Company will not appeal the delisting determination; Form 25-NSE to be filed with SEC.
Zoomcar aims to list on a national exchange later in 2025 (per press release).

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Zoomcar Holdings, Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A), 5450(b)(2)(C)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: market value
Rules: 5450(b)(2)(A), 5450(b)(2)(C)

Exact text from the filing

m the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) as a result of the Company’s failure to maintain compliance with the market value of listed securities requirement for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(b)(2)(A). On January 9, 2025, the Company presented a compliance plan to the Panel. On January 23, 2025, the Company received a further notice from the Staff, notifying the Company that its failure to maintain compliance with the market value of publicly held shares requirement for continued li

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Zoomcar Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-040800

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