Zoomcar raises $1.14M in PIPE; convertible preferred at $0.05/share, warrants at $0.0625

Zoomcar Holdings, Inc.

Initial closing of 1,143 Units at $1,000/Unit, raising ~$1.14M in gross proceeds.
Each Unit: one Series A convertible preferred share (conversion price $0.05) and one warrant ($0.0625 exercise, 5-year term).
Offering capped at $5M base plus $5M overallotment; minimum $1M raised triggers closing; termination June 30, 2026.
ThinkEquity LLC as placement agent receives 10% cash fee, 1% expense allowance, warrants for 10% of underlying shares.
Registration rights filing required within 15 days after first closing.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.98

Zoomcar Holdings, Inc. issued Placement Agent Warrants to purchase up to 115 shares of Common Stock of warrant to ThinkEquity LLC (Placement Agent) for 10% of the shares of Common Stock underlying the securities sold in the Offering.

Security: warrant
Shares: Placement Agent Warrants to purchase up to 115 shares of Common Stock
Purchaser: ThinkEquity LLC (Placement Agent)
Consideration: 10% of the shares of Common Stock underlying the securities sold in the Offering

Exact text from the filing

“Placement Agent Agreement”), between the Company and the Placement Agent. As compensation for its services, the Company agreed to pay the Placement Agent a cash fee equal to 10.0% of the aggregate gross proceeds received by the Company from the Purchasers at each closing, to reimburse certain of the Placement Agent’s expenses, to pay a

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.98

Zoomcar Holdings, Inc. issued 1,143 Units of unit to accredited investors for $1,000 per Unit.

Security: unit
Shares: 1,143 Units
Purchaser: accredited investors
Consideration: $1,000 per Unit

Exact text from the filing

of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) (the “Warrants,” and the transaction, the “Offering”). The Units were sold at a purchase price of $1,000 per Unit. The Offering is being conducted pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(c) of Regulation D promulgated

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.98

Zoomcar Holdings, Inc. issued 1,143 Preferred Shares of preferred stock to accredited investors for $1,000 per Unit.

Security: preferred stock
Shares: 1,143 Preferred Shares
Purchaser: accredited investors
Consideration: $1,000 per Unit

Exact text from the filing

of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) (the “Warrants,” and the transaction, the “Offering”). The Units were sold at a purchase price of $1,000 per Unit. The Offering is being conducted pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(c) of Regulation D promulgated

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.98

Zoomcar Holdings, Inc. issued Warrants to purchase up to 1,143 shares of Common Stock of warrant to accredited investors for $0.0625 per share exercise price.

Security: warrant
Shares: Warrants to purchase up to 1,143 shares of Common Stock
Purchaser: accredited investors
Consideration: $0.0625 per share exercise price

Exact text from the filing

therein, including pursuant to an alternate conversion right and price-reset provisions set forth in the Certificate of Designation. The Warrants have an exercise price of $0.0625 per share, subject to adjustment as provided therein, are exercisable beginning on the date of issuance, and expire five (5) years from the date of issuance. In connection with

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Zoomcar Holdings, Inc.: Filed Certificate of Designation designating Series A Convertible Preferred Stock and establishing its rights, preferences and limitations (effective 2026-06-02).

Change: charter amendment
Effective: 2026-06-02

Exact text from the filing

In connection with the Offering, on June 2, 2026, the Company filed the Certificate of Designation with the Secretary of State of the State of Delaware, designating a series of the Company’s preferred stock as the Series A Convertible Preferred Stock and establishing the rights, preferences and limitations thereof. The Certificate of Designation became effective upon filing.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Zoomcar Holdings, Inc. entered into Purchase Agreement with certain accredited investors valued at aggregate gross proceeds to the Company of approximately $1,143,000 (effective 2026-06-02).

Action: entry
Agreement: equity purchase
Counterparty: certain accredited investors
Value: aggregate gross proceeds to the Company of approximately $1,143,000
Effective: 2026-06-02

Exact text from the filing

On June 2, 2026, Zoomcar Holdings, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors (the “Purchasers”) in connection with the initial closing (the “First Closing”) of a private placement of the Company’s Series A units

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114 equity issuances filed in the last 30 days. Browse all equity issuances →

Zoomcar Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-065928

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