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    Zoomcar Holdings Inc. filed SEC Form 8-K: Leadership Update, Other Events

    4/22/25 4:15:52 PM ET
    $ZCAR
    Rental/Leasing Companies
    Consumer Discretionary
    Get the next $ZCAR alert in real time by email
    false 0001854275 0001854275 2025-04-16 2025-04-16 0001854275 ZCAR:CommonStockParValue0.0001PerShareMember 2025-04-16 2025-04-16 0001854275 ZCAR:WarrantsEachExercisableForOneShareOfCommonStockAtPriceOf11420SubjectToAdjustmentMember 2025-04-16 2025-04-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES

    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): April 16, 2025

     

    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)

     

    +918048821871

    (Registrant’s telephone number, including area code)

     

     

    (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 $11,420, 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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    On April 16, 2025, Madan Menon resigned from the board of directors (the “Board”) of Zoomcar Holdings, Inc. (the “Company”) and also as a member of the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, effective immediately. Mr. Menon’s decision to resign from the Board and such committee positions was not the result of any disagreement with the Company’s operations, policies, or practices.

     

    Item 8.01 Other Events

     

    Following Mr. Menon’s resignation, on April 21, 2025, the Board convened and reconstituted the Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee. Effective April 21, 2025, the Audit Committee consists of Evelyn D’An (Chair), John Clarke and Swatick Majumdar, the Compensation Committee consists of John Clarke (Chair) and Evelyn D’An and the Nominating and Corporate Governance Committee consists of Swatick Majumdar (Chair) and Evelyn D’An.

     

    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: April 22, 2025 Zoomcar Holdings, Inc.
         
      By: /s/ Hiroshi Nishijima
      Name:  Hiroshi Nishijima
      Title: Chief Executive Officer

     

     

    2

     

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