Shachi Singh
On April 28, 2026, Shachi Singh notified the Company of her resignation as Chief Legal Officer & General Counsel of the Company, effective as of April 28, 2026.
Highest-materiality recent filing
Zoomcar sees FY26 net loss ~70% lower YoY; extends tender offer to June 30
Preliminary FY26 net loss declines ~70% YoY; Adjusted EBITDA loss down ~54%.
ACM Judgment settlement: pay $2.5M cash by Oct 31 2026, residual ~$3.5M satisfied via equity at next financing terms.
Zoomcar extends warrant exchange offer deadline to June 30, 2026
Offer to exchange outstanding warrants for common stock extended from May 11 to June 30, 2026.
New York court issues TRO blocking Zoomcar from key financing and share actions
TRO issued April 14, 2026, by Supreme Court of New York, NY County, in Reimer Family Partnership v. Zoomcar (Index No. 651695/2026).
Offer to exchange eligible warrants for common stock extended to 5:00 p.m. ET on May 11, 2026.
Zoomcar terminates Feb warrant exchange; consolidates into Jan offer
Terminated February 27 offer to exchange warrants for common shares at 20,000 shares per warrant.
Zoomcar launches exchange offer to swap warrants for common stock at 20,000 shares per warrant
Exchange ratio: 20,000 shares of common stock for each warrant tendered and accepted.
Zoomcar closes private placement of 939 warrants for gross proceeds of $939
Gross proceeds of approximately $939 from sale of 939 common stock purchase warrants at $1.00 each.
Private placement of warrants to accredited investors under Reg D, exercisable at $6,000 per share for common stock.
Zoomcar updates bridge financing: adds $5M overallotment option, extends termination to Mar 31, 2026
Minimum offering $2M, maximum $5M; overallotment option adds up to $5M more for total $10M.
Zoomcar launches warrant exchange and up to $5M bridge financing to address capital needs
Warrant exchange offer: existing warrants exchanged for common stock; ratios range from 10 to 20,000 shares per warrant.
Zoomcar issues $220K convertible note to FirstFire with 25% conversion discount, 12% interest
Issued $220K convertible promissory note to FirstFire; net proceeds ~$200K after $20K original issue discount.
Zoomcar downgraded from OTCQX to OTCQB; shares now trade on OTCQB under ZCAR
Received OTC Markets notice on Aug 7, 2025 re: missing OTCQX eligibility; elected transition to OTCQB.
Zoomcar receives OTCQX delisting notice for market cap below $5M threshold
Received notice on Aug 5, 2025 for non-compliance with OTCQX minimum $5M market cap requirement.
Zoomcar dismisses Grant Thornton Bharat, engages Bansal & Co as auditor; material weaknesses persist
Dismissed Grant Thornton Bharat LLP effective July 29, 2025; no disagreements with the firm.
Zoomcar issues $402K in convertible bridge notes to DLL and Boot Capital
Issued notes: $290,240 to 1800 Diagonal Lending LLC; $111,760 to Boot Capital LLC; net proceeds $250K and $100K.
Zoomcar raises $350K net via convertible bridge notes from two lenders
Total principal amount $513,760; net proceeds $350,000 after original issue discount and fees.
Zoomcar settles registration-rights liquidated damages with $3M pre-funded warrant issuance
Issued 1,950,600 pre-funded warrants valued at $3,023,400 to settle liquidated damages under Registration Rights Agreements.
Zoomcar discloses data breach affecting 8.4 million users’ personal data
Unauthorized third party accessed personal data of approx 8.4 million Zoomcar users, including names, phone numbers, car registration numbers, addresses, and emails.
On April 28, 2026, Shachi Singh notified the Company of her resignation as Chief Legal Officer & General Counsel of the Company, effective as of April 28, 2026.
On May 10, 2026, Mohan Ananda notified the Company of his resignation from the Board of Directors of the Company, effective as of May 10, 2026.
Max materiality 0.85 · Median 0.60 · Most common event other_material