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.
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).
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.
Private placement of warrants to accredited investors under Reg D, exercisable at $6,000 per share for common stock.
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 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