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Zoomcar Holdings Finalizes Convertible Notes Agreement

Story Highlights
  • Zoomcar Holdings closed agreements for convertible bridge notes worth $513,760.
  • The agreements include interest rates, default conditions, and conversion options affecting financial flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zoomcar Holdings Finalizes Convertible Notes Agreement

Elevate Your Investing Strategy:

The latest update is out from Zoomcar Holdings ( (ZCAR) ).

On June 24, 2025, Zoomcar Holdings, Inc. finalized two Securities Purchase Agreements with 1800 Diagonal Lending LLC and Boot Capital LLC, involving a private placement offering of convertible bridge notes totaling $513,760. The agreements include terms for interest rates, default conditions, and conversion options, potentially impacting the company’s financial flexibility and shareholder value.

Spark’s Take on ZCAR Stock

According to Spark, TipRanks’ AI Analyst, ZCAR is a Underperform.

The overall score reflects significant financial distress and technical weakness. Zoomcar Holdings is grappling with negative margins, high leverage, and insufficient cash flows, indicating severe financial instability. Technical analysis confirms bearish momentum, and the negative P/E ratio underscores valuation challenges. Without positive earnings or dividends, the stock remains unattractive to investors.

To see Spark’s full report on ZCAR stock, click here.

More about Zoomcar Holdings

Average Trading Volume: 1,127,010

Technical Sentiment Signal: Sell

Current Market Cap: $5.2M

For an in-depth examination of ZCAR stock, go to TipRanks’ Overview page.

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