Zoomcar Holdings, Inc. Files 8-K on Share Capital
Ticker: ZCARW · Form: 8-K · Filed: Oct 3, 2024 · CIK: 1854275
| Field | Detail |
|---|---|
| Company | Zoomcar Holdings, Inc. (ZCARW) |
| Form Type | 8-K |
| Filed Date | Oct 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $5 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-structure, share-capital, warrants
Related Tickers: ZCAR
TL;DR
Zoomcar filed an 8-K detailing its common stock and warrants, with warrants exercisable at $5.71.
AI Summary
On October 1, 2024, Zoomcar Holdings, Inc. filed an 8-K report. The filing primarily concerns the company's corporate structure and share capital, detailing its common stock with a par value of $0.0001 per share and warrants exercisable for one share of common stock at $5.71, subject to adjustment. No specific financial transactions or events were detailed in the provided excerpt.
Why It Matters
This filing provides an update on Zoomcar's share structure, which is important for understanding the company's capitalization and potential dilution for existing shareholders.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure regarding share structure and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- $0.0001 — Common Stock Par Value (This is the nominal value assigned to each share of Zoomcar's common stock.)
- $5.71 — Warrant Exercise Price (This is the price at which holders can exercise their warrants to purchase Zoomcar's common stock.)
Key Players & Entities
- Zoomcar Holdings, Inc. (company) — Registrant
- October 1, 2024 (date) — Date of earliest event reported
- 0.0001 (dollar_amount) — Par value per share of common stock
- 5.71 (dollar_amount) — Exercise price for warrants
FAQ
What is the par value of Zoomcar Holdings, Inc.'s common stock?
The par value of Zoomcar Holdings, Inc.'s common stock is $0.0001 per share.
What is the exercise price for Zoomcar's warrants?
The warrants are exercisable for one share of common stock at a price of $5.71, subject to adjustment.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is October 1, 2024.
What is the company's former name?
The company's former name was Innovative International Acquisition Corp.
In which state was Zoomcar Holdings, Inc. incorporated?
Zoomcar Holdings, Inc. was incorporated in Delaware.
Filing Stats: 677 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2024-10-03 09:25:36
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
- ea0216569-8k_zoomcar.htm (8-K) — 32KB
- 0001213900-24-084863.txt ( ) — 250KB
- zcar-20241001.xsd (EX-101.SCH) — 4KB
- zcar-20241001_def.xml (EX-101.DEF) — 26KB
- zcar-20241001_lab.xml (EX-101.LAB) — 36KB
- zcar-20241001_pre.xml (EX-101.PRE) — 25KB
- ea0216569-8k_zoomcar_htm.xml (XML) — 6KB
01. Other Events
Item 8.01. Other Events. On September 26, 2023, Zoomcar Holdings, Inc. (the " Company ") convened and then determined to adjourn, without conducting any business, its 2024 annual meeting of stockholders (the " Annual Meeting ") to October 1, 2024, at 10:00 a.m. Eastern Time, because the Company did not have a sufficient number of shares of the Company's common stock present in person or represented by proxy at the Annual Meeting to constitute a quorum. On October 1, 2024, the Company reconvened and then determined to further adjourn, without conducting any business, the Annual Meeting, because the Company did not have a sufficient number of shares of the Company's common stock present in person or represented by proxy at the Annual Meeting to constitute a quorum. The adjourned meeting will reconvene on Friday, October 4, 2024 at 10:00 a.m. Eastern Time. The close of business on July 29, 2024 will continue to be the record date for the determination of stockholders of the Company entitled to vote at the Annual Meeting. Stockholders may cast their votes by visiting http://www.proxyvote.com before the reconvened Annual Meeting or http://www.virtualshareholdermeeting.com/ZCAR2024 during the reconvened Annual Meeting, or by calling 1-800-690-6903. Stockholders of the Company who have previously submitted their proxy or otherwise voted and who do not want to change their vote do not need to take any action. No changes have been made to the proposals to be voted on by stockholders at the Annual Meeting. The Company encourages all of its stockholders to read the Company's definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission (the " SEC ") on September 3, 2024, which is available on the SEC's website at www.sec.gov , on the Company's website at https://investor-relations.zoomcar.com/in/ and on the voting platform at www.proxyvote.com . 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amend