Zoomcar Holdings, Inc. — fact timeline

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.

““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”

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.

“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”

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

“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”

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

“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”

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

“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.”

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).

“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”

Zoomcar Holdings, Inc. reported preliminary financial results for the fiscal year ending March 31, 2026.

“The Shareholder Letter includes certain preliminary, unaudited estimates of the Company’s expected financial results for the fiscal year ending March 31, 2026, including expected year-over-year reductions in net loss and Adjusted EBITDA loss, as well as selected unaudited operating and financial information for prior periods.”

Zoomcar Holdings, Inc. entered into Reimer Settlement Agreement with Reimer Family Partnership, L.P., Michael Schiavello, Vasilios Takos valued at Issuance of 39,000,000 shares of common stock capped at $2,000,000 aggregate consideration plus $2,5 (effective 2026-05-01).

“On May 1, 2026, the Company entered into a Confidential Settlement Agreement and General Release (the “Reimer Settlement Agreement”) with Reimer Family Partnership, L.P., Michael Schiavello, and Vasilios Takos (collectively, the “Reimer Plaintiffs”) in resolution of the previously disclosed action captioned Reimer Family Partnership, L.P., et al. v. Zoomcar Holdings, Inc., Index No. 651695/2026, in the Supreme Court of the State of New York, County of New York (the “Reimer Action”).”

Zoomcar Holdings, Inc. entered into Labrys Standstill Agreement with Labrys Fund II, L.P. valued at Promissory note original principal amount $180,000; forbearance on conversion prior to September 30, (effective 2026-05-15).

“On May 15, 2026, the Company entered into a standstill agreement with Labrys Fund II, L.P. (“Labrys”) in respect of the promissory note in the original principal amount of $180,000 previously issued by the Company to Labrys on August 19, 2025 (the “Labrys Note”), pursuant to which Labrys has agreed to forbear from exercising any right to convert the Labrys Note into shares of the Company’s common stock at a market-based conversion price following an event of default prior to September 30, 2026.”

Zoomcar Holdings, Inc. entered into CFI Standstill Agreement with CFI Capital LLC valued at Convertible redeemable promissory note original principal amount $150,000; standstill on conversion (effective 2026-05-14).

“On May 14, 2026, the Company entered into a standstill agreement with CFI Capital LLC (“CFI”) in respect of the convertible redeemable promissory note in the original principal amount of $150,000 previously issued by the Company to CFI on August 24, 2025 (the “CFI Note”), pursuant to which CFI has agreed not to exercise its right to convert the CFI Note into shares of the Company’s common stock at a market-based conversion price prior to September 30, 2026.”

Zoomcar Holdings, Inc. entered into ACM Letter Agreement with ACM Zoomcar Convert LLC valued at Judgment principal amount $6,000,000; cash payment $2,500,000; residual balance $3,500,000 to be sat (effective 2026-05-06).

“On May 6, 2026, Zoomcar Holdings, Inc. (the “Company”) entered into a letter agreement (the “ACM Letter Agreement”) with ACM Zoomcar Convert LLC (“ACM”), with respect to the previously disclosed judgment entered against the Company in favor of ACM in the principal amount of approximately $6,000,000 (together with interest and other amounts, the “ACM Judgment”).”

Zoomcar Holdings, Inc. incurred debt of $2,500,000.

“the Company executed a Confession of Judgment pursuant to CPLR § 3218 in the principal amount of $2,500,000 (the “Reimer Confession of Judgment”)”

Zoomcar Holdings, Inc. incurred debt of $2,500,000 with ACM Zoomcar Convert LLC maturing October 31, 2026.

“Company”) entered into a letter agreement (the “ACM Letter Agreement”) with ACM Zoomcar Convert LLC (“ACM”), with respect to the previously disclosed judgment entered against the Company in favor of ACM in the principal”

Shachi Singh resigned as Chief Legal Officer & General Counsel at Zoomcar Holdings, Inc..

“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.”

Mohan Ananda resigned as Director at Zoomcar Holdings, Inc..

“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.”

Zoomcar Holdings, Inc. issued 939 Warrants of warrant to the purchasers named in the Securities Purchase Agreements for aggregate gross proceeds of approximately $939.

“Company and the purchasers named therein (collectively, the “Purchasers”). Pursuant to the Securities Purchase Agreements, and at the Closing, the Company issued an aggregate of 939 Warrants to the Purchasers for aggregate gross proceeds of approximately $939 (before deducting offering expenses payable by the Company). Each Warrant is exercisable for one”

Zoomcar Holdings, Inc. entered into Securities Purchase Agreements with the purchasers named therein valued at aggregate gross proceeds of approximately $939 (effective 2026-02-25).

“On February 25, 2026, Zoomcar Holdings, Inc. (the “Company”) consummated the closing (the “Closing”) of its previously announced private placement (the “Private Placement”) of common stock purchase warrants (the “Warrants”) pursuant to Securities Purchase Agreements (the “Securities Purchase Agreements”) entered into by and between the Company and the purchasers named therein (collectively, the “Purchasers”).”

Zoomcar Holdings, Inc. entered into Securities Purchase Agreement with FirstFire Global Opportunities Fund, LLC valued at $220,000.00 (effective 2025-12-10).

“On December 10, 2025, Zoomcar Holdings, Inc. (the "Company") closed a Securities Purchase Agreement (the "Purchase Agreement") with FirstFire Global Opportunities Fund, LLC ("FirstFire"), in connection with a private placement offering of a convertible promissory note in the original principal amount of $220,000.00”

Zoomcar Holdings, Inc. issued 1,000,000 shares of the Company's common stock of warrant to FirstFire Global Opportunities Fund, LLC for as additional consideration.

“pre-funded warrants to purchase 1,000,000 shares of the Company's common stock (the "Pre-Funded Warrants") as additional consideration”

Zoomcar Holdings, Inc. issued convertible note to FirstFire Global Opportunities Fund, LLC for original principal amount of $220,000.00.

“On December 10, 2025, Zoomcar Holdings, Inc. (the "Company") closed a Securities Purchase Agreement (the "Purchase Agreement") with FirstFire Global Opportunities Fund, LLC ("FirstFire"), in connection with a private placement offering of a convertible promissory note in the original principal amount of $220,000.00 (the "Note")”

Zoomcar Holdings, Inc. incurred convertible notes of $220,000.00 with FirstFire Global Opportunities Fund, LLC at 12% per annum maturing 12 months after issuance.

“On December 10, 2025, Zoomcar Holdings, Inc. (the “Company”) closed a Securities Purchase Agreement (the “Purchase Agreement”) with FirstFire Global Opportunities Fund, LLC (“FirstFire”), in connection with a private placement offering of a convertible promissory note in the original principal amount of $220,000.00 (the “Note”)”

Zoomcar Holdings, Inc. received a otc deficiency notice notice regarding market value.

“August 5, 2025, Zoomcar Holdings, Inc. (the “Company”) received a written notice from the OTCQX U.S. tier of OTC Markets Group (“OTCQX”) stating that the Company’s Global Market Capitalization has remained below the minimum $5 million required under Section 2.1(B) of the OTCQX Rules for U.S. Companies for more than 30 consecutive calendar days and, therefore, the Company no longer satisfies the OTCQX Standards for Continued Qualification. Under those rules, the Company has a 90-calendar-day cure period, expiring on November 3, 2025, to regain compliance by maintaining a Global Market Capitaliz”

Zoomcar Holdings, Inc. engaged Bansal & Co LLP as its auditor.

“the Audit Committee of the Company's Board of Directors approved the engagement of Bansal & Co LLP ("Bansal") as the Company's new independent registered public accounting firm for the fiscal year ending March 31, 2026, effective immediately.”

Zoomcar Holdings, Inc. dismissed Grant Thornton Bharat LLP as its auditor.

“On July 29, 2025, Zoomcar Holdings Inc. (the "Company") notified Grant Thornton Bharat LLP ("GT Bharat") that it was dismissed as the Company's independent registered public accounting firm, effective immediately.”

Zoomcar Holdings, Inc. disclosed a cybersecurity incident: cybersecurity incident involving unauthorized access to information systems; an unauthorized third party accessed a limited dataset containing certain personal information of approximately 8.4 million users, including names, phone numbers, car registration numbers, personal addresses and email addre. Impact: To date, the incident has not resulted in any material disruption to the Company's operations; the Company continues to evaluate scope and potential impacts including legal, financial, and reputational considerations and remediation costs. Materiality is still being assessed. Discovered 2025-06-09.

“On June 9, 2025, Zoomcar Holdings, Inc. (the “Company”) identified a cybersecurity incident involving unauthorized access to its information systems.”

Deepankar Tiwari was appointed as Chief Executive Officer at Zoomcar Holdings, Inc..

“On May 9, 2025, the board of directors (the “ Board ”) of the Company appointed Mr. Deepankar Tiwari, 52, as the Company’s Chief Executive Officer, effective immediately.”

Hiroshi Nishijima resigned as Chief Executive Officer at Zoomcar Holdings, Inc..

“On May 2, 2025, Mr. Hiroshi Nishijima, resigned from his position of Chief Executive Officer of Zoomcar Holdings, Inc. (the “ Company ”), effective immediately.”

Zoomcar Holdings, Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A), 5450(b)(2)(C)).

“m the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) as a result of the Company’s failure to maintain compliance with the market value of listed securities requirement for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(b)(2)(A). On January 9, 2025, the Company presented a compliance plan to the Panel. On January 23, 2025, the Company received a further notice from the Staff, notifying the Company that its failure to maintain compliance with the market value of publicly held shares requirement for continued li”

Madan Menon resigned as Director at Zoomcar Holdings, Inc..

“On April 16, 2025, Madan Menon resigned from the board of directors (the “ Board ”) of Zoomcar Holdings, Inc.”

Uri Levine was appointed as Chairman of the Board and Class III Director at Zoomcar Holdings, Inc..

“Effective as of March 31, 2025, the Board of Directors (the “Board”) of the Company appointed Uri Levine, as a member and Chairman of the Board”

Zoomcar Holdings, Inc.: Amendment to Certificate of Incorporation to effect a 1-for-20 reverse stock split (effective 2025-03-21).

“On March 9, 2025, the Board approved a one-for-twenty (1:20) reverse stock split of the Company’s issued and outstanding shares of common stock (the “Reverse Stock Split”). The Company intends to file with the Secretary of State of the State of Delaware a Certificate of Amendment to its Certificate of Incorporation (the “Certificate of Amendment”) on March 21, 2025 to effect the Reverse Stock Split.”

Zoomcar Holdings, Inc. received a nasdaq extension granted notice regarding stockholders equity (rules 5550(b)(1)).

“February 10, 2025, the Company received a letter from the Panel (the “ Panel Decision Letter ”) stating that, based on the information presented, the Panel has determined to grant the Company’s request for continued listing on Nasdaq, subject to the Company satisfying certain conditions, including transferring its listing to The Nasdaq Capital Market and demonstrating compliance with Nasdaq Listing Rule 5550(b)(1), which requires a stockholders' equity of at least $2.5 million for continued listing on The Nasdaq Capital Market (the “ Equity Rule ”), on or before March 31, 2025. The Company is”

Zoomcar Holdings, Inc. received a nasdaq extension granted notice regarding stockholders equity (rules 5550(b)(1)).

“February 10, 2025, the Company received a letter from the Panel (the “ Panel Decision Letter ”) stating that, based on the information presented, the Panel has determined to grant the Company’s request for continued list”

Zoomcar Holdings, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C)).

“January 23, 2025, the Company received a further notice from the Staff, notifying the Company that its failure to maintain compliance with the market value of publicly held shares requirement for continued listing on The”

Zoomcar Holdings, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C), 5810(c)(3)(D)).

“The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that for the previous 30 consecutive business days, the market value of publicly held shares for the Company was below the minimum $15,000,000 required for continued listing on The Nasdaq Global Market as set forth in Nasdaq Listing Rule 5450(b)(2)(C) (the “MVPHS Rule”). Under Nasdaq Listing Rule 5810(c)(3)(D), the Company was provided a period of 180 calendar days (or until January 21, 2025) to regain compliance with the MVPHS Rule. The Company did not regain compliance with the MVPHS Rule within the 180-day compliance period. In a”

Zoomcar Holdings, Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(C), 5810(c)(3)(D)).

“January 23, 2025, the Company received a further notice from the Staff, notifying the Company that its failure to regain compliance with the MVPHS Rule serves as an additional basis for delisting the Company’s securities”

Sachin Gupta was appointed as Chief Financial Officer at Zoomcar Holdings, Inc..

“On January 17, 2025, the board of directors (the “Board”) of the Company approved a change in the designation of Sachin Gupta, from Interim Chief Financial Officer to Chief Financial Officer, effective immediately.”

Shachi Singh was appointed as General Counsel and Chief Legal Officer at Zoomcar Holdings, Inc..

“On January 6, 2025, the board of directors (the “Board”) of Zoomcar Holdings, Inc. (the “Company”) approved the designation of Shachi Singh, the Company’s General Counsel and Chief Legal Officer, as an executive officer of the Company, effective immediately.”

Zoomcar Holdings, Inc.: Amendment to certificate of incorporation to effect a 1-for-100 reverse stock split (effective 2024-10-21).

“The Company intends to file with the Secretary of State of the State of Delaware a Certificate of Amendment to its Certificate of Incorporation (the “Certificate of Amendment”) on October 21, 2024 to effect the Reverse Stock Split.”

Adarsh Menon resigned as President at Zoomcar Holdings, Inc..

“On June 26, 2024, Mr. Adarsh Menon, the President of Zoomcar Holdings, Inc. (the “ Company ”), resigned from his employment effective June 30, 2024.”

Mark Bailey was appointed as Director at Zoomcar Holdings, Inc..

“Mr. Bailey, who has been appointed as a Class III director”

John Clarke was appointed as Director at Zoomcar Holdings, Inc..

“Effective as of the closing of the offering, the Board appointed John Clarke and Mark Bailey to the Board as directors to fill vacancies left by the resignations of Mr. Gullans and David Ishag.”

David Ishag resigned as Director at Zoomcar Holdings, Inc..

“vacancies left by the resignations of Mr. Gullans and David Ishag”

Graham Gullans resigned as Director at Zoomcar Holdings, Inc..

“On June 18, 2024, in connection with the offering, Graham Gullans resigned from the Board, effective as of the closing of the offering. Mr. Gullans resignation is not due to a disagreement with a Company.”

Hiroshi Nishijima was appointed as interim Chief Executive Officer at Zoomcar Holdings, Inc..

“the Board appointed Hiroshi Nishijima, the Company’s Chief Operating Officer, as interim Chief Executive Officer.”

Greg Moran was terminated as Chief Executive Officer at Zoomcar Holdings, Inc..

“On June 20, 2024, Greg Moran, the Company’s Chief Executive Officer, was terminated from his role.”

Zoomcar Holdings, Inc. entered into White Lion Registration Rights Agreement with White Lion Capital LLC valued at Agreement to file a resale registration statement covering the resale by White Lion of shares (effective 2024-05-06).

“Concurrently with the Common Stock Purchase Agreement, the Company entered into the White Lion RRA with White Lion, in which the Company agreed to file, within 10 days following the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, a resale registration statement with the SEC covering the resale by White Lion of the maximum number of shares permitted to be included thereon in accordance with applicable SEC rules, regulations and interpretations.”

Zoomcar Holdings, Inc. entered into Common Stock Purchase Agreement with White Lion Capital LLC valued at Up to $25,000,000 in aggregate gross purchase price of newly issued shares of Common Stock, and an a (effective 2024-05-06).

“On May 6, 2024, by Zoomcar Holdings, Inc. (the “ Company ”) entered into a common stock purchase agreement (the “ Common Stock Purchase Agreement ”) and a related registration rights agreement (the “ White Lion RRA ”) with White Lion Capital LLC (“ White Lion ”).”

Zoomcar Holdings, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5450(a)(1)).

“May 6, 2024, the Company received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”), notifying the Company that, because the closing bid price for the Common Stock has fallen below $1.00 per share for 33 consecutive business days, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Global Market under Rule 5450(a)(1) of Nasdaq Listing Rules. Nasdaq’s notice has no immediate effect on the listing of the Company’s Common Stock on the Nasdaq Global Market. Pursuant to Nasdaq Marketplace Rule 5810(”

Sachin Gupta was appointed as interim principal financial and accounting officer at Zoomcar Holdings, Inc..

“Effective April 12, 2024, Sachin Gupta, the Financial Controller of the Company, will serve as the interim as the principal financial and accounting officer of the Company.”