secwatch.observer — SEC 8-K summary
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Issuer:     Zoomcar Holdings, Inc. (ZCAR)
CIK:        0001854275
Form:       8-K
Filed at:   2026-06-23T20:18:18+00:00
Accession:  0001213900-26-071110
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoomcar raises $537k in second closing of Series A unit offering at $1,000/unit
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- Second closing of 662 Units (1 preferred share + 1 warrant) for ~$537k gross proceeds.
- Units sold at $1,000 each; preferred shares convertible at $0.05; warrants exercisable at $0.0625 for 5 years.
- Total offering up to $5M, plus $5M overallotment; minimum $1M subscription threshold met.
- Placement agent ThinkEquity receives 10% cash fee, 1% expense allowance, and warrants for 10% of underlying shares.
- Registration rights agreement requires filing resale registration within 15 days of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854275/000121390026071110/0001213900-26-071110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854275/000121390026071110/ea0295693-8k_zoomcar.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-071110

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