secwatch.observer — SEC 8-K summary
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Issuer:     Zoomcar Holdings, Inc. (ZCAR)
CIK:        0001854275
Form:       8-K
Filed at:   2026-06-05T21:27:10+00:00
Accession:  0001213900-26-065928
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854275/000121390026065928/0001213900-26-065928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854275/000121390026065928/ea0293836-8k_zoomcar.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-065928

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