Zoomcar Holdings Launches $5 Million Private Placement for Accredited Investors

Reuters
2026.01.23 22:49
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Zoomcar Holdings Inc. has initiated a bridge financing of up to $5 million through a private placement under Rule 506(c) of Regulation D. This offering is exclusively for accredited investors, requiring a minimum investment of $2 million. The securities are not registered under the Securities Act and can only be sold via applicable exemptions. ThinkEquity LLC is the exclusive placement agent for this transaction.