Zoomcar Holdings Files 8-K on Shareholder Nominations
Ticker: ZCARW · Form: 8-K · Filed: Aug 21, 2024 · CIK: 1854275
| Field | Detail |
|---|---|
| Company | Zoomcar Holdings, Inc. (ZCARW) |
| Form Type | 8-K |
| Filed Date | Aug 21, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $5 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, shareholder-action
Related Tickers: ZCAR
TL;DR
Zoomcar filed an 8-K about shareholder nominations - could mean board shakeup.
AI Summary
On August 19, 2024, Zoomcar Holdings, Inc. filed an 8-K report detailing shareholder nominations pursuant to Exchange Act Rule 14a-11. This filing indicates a procedural step related to corporate governance and potential changes or proposals from shareholders.
Why It Matters
This filing signals potential shareholder activism or proposals that could influence the company's future direction and board composition.
Risk Assessment
Risk Level: medium — Filings related to shareholder nominations can indicate potential governance disputes or changes that may impact stock performance.
Key Players & Entities
- Zoomcar Holdings, Inc. (company) — Registrant
- August 19, 2024 (date) — Date of earliest event reported
- Exchange Act Rule 14a-11 (regulation) — Subject of the filing
- Innovative International Acquisition Corp. (company) — Former company name
FAQ
What is the specific purpose of the shareholder nominations mentioned in the 8-K filing?
The filing states the nominations are pursuant to Exchange Act Rule 14a-11, which typically relates to proxy solicitations and shareholder proposals for board representation or corporate actions.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated August 19, 2024.
What is Zoomcar Holdings, Inc.'s former company name?
Zoomcar Holdings, Inc.'s former company name was Innovative International Acquisition Corp.
What is the SEC Act under which this 8-K is filed?
This 8-K is filed under the 1934 Act.
Where is Zoomcar Holdings, Inc. incorporated?
Zoomcar Holdings, Inc. is incorporated in Delaware.
Filing Stats: 747 words · 3 min read · ~2 pages · Grade level 13.3 · Accepted 2024-08-21 16:05:25
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share ZCAR The Nasdaq Stock Mar
- $5 — one share of Common Stock at a price of $5.71, subject to adjustment ZCARW The
Filing Documents
- ea0212042-8k_zoomcar.htm (8-K) — 41KB
- 0001213900-24-071451.txt ( ) — 259KB
- zcar-20240819.xsd (EX-101.SCH) — 4KB
- zcar-20240819_def.xml (EX-101.DEF) — 26KB
- zcar-20240819_lab.xml (EX-101.LAB) — 36KB
- zcar-20240819_pre.xml (EX-101.PRE) — 25KB
- ea0212042-8k_zoomcar_htm.xml (XML) — 6KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): August 19, 2024 ZOOMCAR HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 001-40964 99-0431609 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) Anjaneya Techno Park , No.147 , 1st Floor Kodihalli, Bangalore , India 560008 (Address of principal executive offices) (Zip Code) +91 8048821871 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share ZCAR The Nasdaq Stock Market LLC Warrants, each exercisable for one share of Common Stock at a price of $5.71, subject to adjustment ZCARW The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( 240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.08. Shareholder Director Nominations. The Board of Directors of Zoomcar Holdings, Inc. (the " Company ") determined that the Company will hold a 2024 annual meeting of stockholders (the " Annual Meeting ") on September 26, 2024. The Company will provide additional details regarding the exact time, location and matters to be voted on at the Annual Meeting in the Company's definitive proxy statement for the Annual Meeting to be filed with the Securities and Exchange Commission (the " Commission ") prior to the Annual Meeting. Because the date of the Annual Meeting represents a change of more than 30 days from the anniversary of the Company's 2023 annual meeting of stockholders, the Company has set a new deadline for the receipt of stockholder proposals or director nominations submitted pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended (the " Exchange Act ") and the Company's Amended and Restated Bylaws (the " Bylaws "), for inclusion in the Company's proxy statement for the Annual Meeting. Pursuant to Rule 14a-8 and the Bylaws, a stockholder intending to present a proposal to be included in the proxy statement for the Annual Meeting or to nominate candidates for election as directors at the Annual Meeting must deliver such proposal or director nomination in writing to the Company's principal executive offices at Zoomcar Holdings, Inc., Anjaneya Techno Park, No.147, 1st Floor, Kodihalli, Bangalore, India 560008, and addressed to the attention of the Corporate Secretary, no later than 5:00 p.m. Eastern Time, on August 29, 2024, which date the Company has determined to be a reasonable time before it expects to begin to mail its proxy materials for the Annual Meeting. Any stockholder proposal or director nomination must comply with the processes and procedures outlined in the Bylaws and must also comply with the requirements of Delaware law and the rules and regulations promulgated by the Commission, as applicable. A copy of the Company's Bylaws has been filed as Exhibit 3.2 to the Company's Annual Report on Form 10-K/A for the year ended March 31, 2024, filed with the Commission on July 15, 2024, or can be obtained by contacting the Company's Corporate Secretary at the address above. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 21, 2024 Zoomcar Holdings, Inc. By: /s/ Hiroshi Nishijima Name: Hiroshi Nishijima Title: Chief Executive Officer 2