Zoomcar Holdings Announces Board and Executive Changes
Ticker: ZCARW · Form: 8-K · Filed: Dec 10, 2024 · CIK: 1854275
| Field | Detail |
|---|---|
| Company | Zoomcar Holdings, Inc. (ZCARW) |
| Form Type | 8-K |
| Filed Date | Dec 10, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $571 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
Related Tickers: ZCAR
TL;DR
Zoomcar board shakeup and exec comp changes filed.
AI Summary
Zoomcar Holdings, Inc. announced on December 6, 2024, changes in its board of directors and executive compensation. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key personnel.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can indicate internal restructuring or strategic shifts that may impact the company's future performance and stability.
Key Players & Entities
- Zoomcar Holdings, Inc. (company) — Registrant
- Innovative International Acquisition Corp. (company) — Former Company Name
- Delaware (jurisdiction) — State of Incorporation
FAQ
What specific roles have seen departures or appointments?
The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" without specifying exact roles in the provided text.
When was the earliest event reported in this filing?
The earliest event reported is December 6, 2024.
What is Zoomcar Holdings, Inc.'s fiscal year end?
Zoomcar Holdings, Inc.'s fiscal year ends on March 31.
What was Zoomcar Holdings, Inc.'s former company name?
Zoomcar Holdings, Inc.'s former company name was Innovative International Acquisition Corp.
What is the SIC code for Zoomcar Holdings, Inc.?
The Standard Industrial Classification (SIC) code for Zoomcar Holdings, Inc. is 7510, which falls under SERVICES-AUTO RENTAL & LEASING (NO DRIVERS).
Filing Stats: 447 words · 2 min read · ~1 pages · Grade level 12.5 · Accepted 2024-12-10 16:05:34
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share ZCAR The Nasdaq Stock Mar
- $571 — one share of Common Stock at a price of $571, subject to adjustment ZCARW The Na
Filing Documents
- ea0224265-8k_zoomcar.htm (8-K) — 28KB
- 0001213900-24-107410.txt ( ) — 245KB
- zcar-20241206.xsd (EX-101.SCH) — 4KB
- zcar-20241206_def.xml (EX-101.DEF) — 26KB
- zcar-20241206_lab.xml (EX-101.LAB) — 36KB
- zcar-20241206_pre.xml (EX-101.PRE) — 25KB
- ea0224265-8k_zoomcar_htm.xml (XML) — 6KB
02 Departure of Directors or Certain Officers;
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 6, 2024, Mark Bailey resigned from the board of directors (the " Board ") of Zoomcar Holdings, Inc. (the " Company "), effective immediately. Mr. Bailey's decision to resign from the Board was not the result of any disagreement with the Company's operations, policies, or practices. 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: December 10, 2024 Zoomcar Holdings, Inc. By: /s/ Hiroshi Nishijima Name: Hiroshi Nishijima Title: Acting Chief Executive Officer 2