$ZCAR: Zoomcar Holdings Resets Conversion and Warrant Prices to $0.0116, Trig

$ZCAR

$ZCAR – Zoomcar Holdings Resets Conversion and Warrant Prices to $0.0116, Triggering Severe Dilution

Zoomcar Holdings, Inc.

2026-10-29 00:00:00 UTC · SEC_8K · All $ZCAR

?? Negative AI Sentiment (-8.5 / 10)

Series A Convertible Preferred Stock conversion price reduced from $0.05 to $0.0116 per share.
Series A warrant exercise price adjusted downwards from $0.0625 to $0.0116 per share.
Substantial downward reset creates heavy dilution pressure for common shareholders.