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News 2026-09-18 20:03 UTC

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 adj