Zoomcar Announces Debt Restructuring Amidst Continued …
4 days ago · Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ: ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, hit a major milestone in the debt restructuring process that ...
Zoomcar announces debt restructuring with focus on ... - YourStory
4 days ago · Zoomcar plans to finish its restructuring exercise by November 2024 to decrease cash outflow and invest in strategic initiatives for long-term sustainability and stakeholder value.
Zoomcar announces debt restructuring amidst continued growth
3 days ago · Zoomcar Holdings, Inc, the NASDAQ-listed leading marketplace for self-drive car sharing, hit a major milestone in the debt restructuring process that is aimed at reducing the company’s debt obligations of approximately USD 31 million out of the total outstanding debt (“debt” and “payables”) as on June 30, 2024. Zoomcar has successfully negotiated with lenders and vendors who ...
Zoomcar implements debt restructuring for the next long drive
4 days ago · Zoomcar has made some strides in its debt restructuring efforts as the self-drive car-sharing marketplace aims to reduce the company's debt obligations of approximately $31 million out of its total outstanding liabilities as of June 30, 2024. Zoomcar has negotiated with lenders and vendors, managing to address roughly 75% of its immediate debt. This restructuring effort involves converting a ...
Zoomcar advances debt restructuring to strengthen financial …
4 days ago · Zoomcar Holdings, a NASDAQ-listed self-drive car-sharing marketplace, has reached a significant milestone in its debt restructuring process. The company aims to reduce its debt obligations of ...
Zoomcar Holdings, Inc. (ZCAR) Latest Stock News & Headlines
Get the latest Zoomcar Holdings, Inc. (ZCAR) stock news and headlines to help you in your trading and investing decisions.
Zoomcar Holdings, Inc. Announces Closing of Sale of $3.6 Million …
Jun 20, 2024 · Zoomcar Holdings, Inc. (NASDAQ: ZCAR) (the "Company"), a marketplace for car sharing in emerging markets, today announces the closing of the purchase and sale of approximately $3.6 million of ...
Zoomcar Reports Fiscal Third Quarter 2023 Results
Feb 14, 2024 · Zoomcar, the leading marketplace for car sharing in emerging markets, achieved record gross profit and non-GAAP contribution profit in FQ3 2023. The Company also made progress in vehicle hosting,...
India's Zoomcar seeks U.S. listing through $456 million SPAC deal
Oct 13, 2022 · Indian car rental platform Zoomcar Inc said on Thursday it would go public in the United States through a blank-check merger valuing the combined company at $456 million including debt, as it...
Zoomcar, the World’s Largest Emerging Market Focused Car …
Zoomcar expects to use proceeds from the proposed transaction (the “Proposed Transaction”) with Innovative to accelerate technology development and new market entry while also …