M&A - Zoomcar Holdings, Inc.

Form Type: 10-K

Filing Date: 2025-06-30

Corporate Action: Merger

Type: Update

Accession Number: 000121390025059675

Filing Summary: Zoomcar Holdings, Inc. is an emerging market-focused online car sharing marketplace headquartered in Bangalore, India. The company completed its business combination with Innovative International Acquisition Corp (IOAC) on December 28, 2023, whereby Zoomcar, Inc. became a wholly owned subsidiary of IOAC, which was then renamed Zoomcar Holdings, Inc. Following this merger, the company’s common stock commenced trading on the Nasdaq Stock Market. Additionally, on May 6, 2025, Zoomcar received notice from Nasdaq that it would be delisted due to failure to meet continuing listing standards. Consequently, its common stock began trading on the OTC Markets Group as of May 8, 2025.