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The latest announcement is out from Zoomcar Holdings ( (ZCAR) ).
Zoomcar Holdings, Inc. faced challenges with its Nasdaq listing as it failed to meet the minimum market value of publicly held shares required for continued listing. Despite presenting a compliance plan, the company remains at risk of delisting but plans to appeal the decision. Additionally, the company has made changes to its leadership, appointing Sachin Gupta as Chief Financial Officer and restoring the salary of Acting CEO Hiroshi Nishijima to its previous level effective January 1, 2025.
More about Zoomcar Holdings
YTD Price Performance: -1.06%
Average Trading Volume: 2,479,230
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.66M
Learn more about ZCAR stock on TipRanks’ Stock Analysis page.