Zoomcar Holdings Inc. Faces Delisting Threat as Market Capitalization Falls Below Required Threshold

Reuters08-09
Zoomcar Holdings Inc. Faces Delisting Threat as Market Capitalization Falls Below Required Threshold

Zoomcar Holdings Inc. has announced a regulatory issue regarding its listing on the OTCQX U.S. tier of OTC Markets Group. On August 5, 2025, the company received a notification indicating that its Global Market Capitalization has fallen below the required minimum of $5 million for over 30 consecutive days, a requirement under Section 2.1$(B)$ of the OTCQX Rules for U.S. Companies. As a result, Zoomcar Holdings no longer meets the OTCQX Standards for Continued Qualification. The company now has a 90-day period, ending on November 3, 2025, to regain compliance by maintaining a market capitalization of at least $5 million for 10 consecutive trading days. The company is currently evaluating its options to address this issue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zoomcar Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-073658), on August 08, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment