NewsMV

Zoomcar Holdings fifth Series A closing raises $80,000, with $60,000 settled in prior obligations rather than fresh capital

9/8/2026

The fifth closing of Zoomcar Holdings (ZCAR) Series A private placement, documented in an 8-K filed August 31, 2026, put $80,000 in aggregate consideration on the books.

The remainder discharged $60,000 in accrued obligations the company owed to the same accredited investors now holding new preferred stock and warrants, with a registration statement filing the next hard deadline.

The terms and the dilution math At the Fifth Closing, conducted in two parts on August 31 and September 4, 2026, Zoomcar issued 80 Series A units at $1,000 apiece.

Each unit pairs one share of Series A Convertible Preferred Stock, carrying a stated value of $1,000 and a par value of $0.0001 per share, with one warrant to purchase 20,000 shares of common stock.