secwatch.observer — SEC 8-K summary
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Issuer:     Zoomcar Holdings, Inc. (ZCAR)
CIK:        0001854275
Form:       8-K
Filed at:   2026-07-06T20:51:47+00:00
Accession:  0001213900-26-075561
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoomcar closes third private placement tranche for $195k; CEO contract extended to May 2027
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- Third closing of private placement: 195 Series A units at $1,000 each, gross proceeds ~$195,000.
- Each unit: one Series A Convertible Preferred (convertible at $0.05/share) and one warrant (exercise $0.0625, 5-year term).
- Total offering up to $5M, with overallotment option for additional $5M; minimum $1M subscription satisfied.
- Placement agent ThinkEquity receives 10% cash fee, 1% expense allowance, and warrants for 10% of underlying shares.
- CEO Deepankar Tiwari's consulting agreement extended to May 9, 2027 on substantially same terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854275/000121390026075561/0001213900-26-075561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854275/000121390026075561/ea0297007-8k_zoomcar.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-075561

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