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Zoomcar Holdings ( (ZCAR) ) has provided an announcement.
Zoomcar Holdings, Inc. completed the first closing of its private placement offering on December 25, 2024, securing $5.48 million in gross proceeds. The second closing, held on February 4, 2025, raised approximately $1.44 million, with net proceeds of around $1.25 million after expenses. As part of the offering, the company issued common stock, pre-funded warrants, and series A and B warrants. In connection with the offering, Aegis Capital Corp. acted as the placement agent, receiving fees and warrants for their services. Additionally, a settlement agreement was reached with Randall Yanker, resulting in the issuance of shares and warrants.
More about Zoomcar Holdings
YTD Price Performance: -42.86%
Average Trading Volume: 1,926,223
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.31M
For an in-depth examination of ZCAR stock, go to TipRanks’ Stock Analysis page.