GlobeNewswire·Jul 23, 2026, 5:36 PM ET

Zoomcar Announces Extension of Offer to Exchange Outstanding Warrants for Common Stock

Zoomcar Holdings, Inc. (OTCQB: ZCAR) extended the expiration date of its Offer to Exchange outstanding warrants for common stock.
The new expiration date is 5:00 p.m. Eastern Time on August 14, 2026, previously scheduled for July 24, 2026.
The extension aims to provide additional time for warrant holders to consider the offer & satisfy conditions, including stockholder approval for an increase in authorized common stock.
Warrants previously tendered & not withdrawn remain validly tendered & do not require re-tendering.
Holders who have not yet tendered or previously withdrew their warrants may still participate by following procedures in the Schedule TO.
All terms & conditions of the Offer to Exchange remain unchanged except for the new expiration date.
The press release is for informational purposes only & does not constitute an offer to purchase or sell securities.
Zoomcar is India's leading peer-to-peer car-sharing marketplace founded in 2013, operating an asset-light platform connecting vehicle owners with customers.
The release includes forward-looking statements regarding the offer, participation levels, & the company's ability to meet conditions, subject to risks & uncertainties.