Zoomcar prices sixth private placement closing at $155,000 gross proceeds

Zoomcar entered a securities purchase agreement on Sept. 11, 2026 for a sixth closing of a private placement. Issued 156 Series A units at USD 1,000 each for about USD 155,000 gross proceeds. Each unit includes one Series A Convertible Preferred share, convertible at an initial USD 0.05 per common share, subject to adjustments. Units also include a Series A warrant for 20,000 common shares at a USD 0.06 exercise price, expiring in five years. Offering targets up to USD 5 million, with an additional USD 5 million overallotment option; scheduled to end Oct. 9, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zoomcar Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-101398), on September 18, 2026, and is solely responsible for the information con