Zoomcar Announces Trading on OTCQX Best Market
Zoomcar Holdings (OTCQX: ZCAR), India's leading self-drive car sharing marketplace, announced its transition from Nasdaq Global Markets to the OTCQX Best Market for its common shares and OTCQB Venture Market for its warrants. The company will trade under the symbols "ZCAR" and "ZCARW" respectively. The OTCQX Market, being the highest tier of OTC Markets Group, is designed for established companies focused on transparency and investor accessibility. Zoomcar plans to pursue a listing on a national U.S. exchange later in 2025.
Zoomcar Holdings (OTCQX: ZCAR), il principale marketplace indiano per il noleggio auto self-drive, ha annunciato il passaggio dal Nasdaq Global Markets al OTCQX Best Market per le sue azioni ordinarie e all'OTCQB Venture Market per i suoi warrant. La società sarà quotata con i simboli "ZCAR" e "ZCARW" rispettivamente. Il mercato OTCQX, essendo il livello più alto del gruppo OTC Markets, è pensato per aziende consolidate che puntano sulla trasparenza e sull'accessibilità per gli investitori. Zoomcar prevede di ottenere una quotazione su una borsa nazionale statunitense nel corso del 2025.
Zoomcar Holdings (OTCQX: ZCAR), el principal mercado de autos compartidos de conducción propia de India, anunció su transición de Nasdaq Global Markets al OTCQX Best Market para sus acciones comunes y al OTCQB Venture Market para sus warrants. La compañía cotizará bajo los símbolos "ZCAR" y "ZCARW" respectivamente. El mercado OTCQX, siendo el nivel más alto del grupo OTC Markets, está diseñado para empresas consolidadas que se enfocan en la transparencia y accesibilidad para los inversores. Zoomcar planea buscar una cotización en una bolsa nacional de EE.UU. más adelante en 2025.
Zoomcar Holdings (OTCQX: ZCAR), 인도의 선도적인 셀프 드라이브 카 쉐어링 마켓플레이스, 나스닥 글로벌 마켓에서 OTCQX Best Market으로 보통주를, OTCQB 벤처 마켓으로 워런트를 이전한다고 발표했습니다. 회사는 각각 "ZCAR"와 "ZCARW"라는 심볼로 거래될 예정입니다. OTCQX 마켓은 OTC Markets Group의 최고 등급으로, 투명성과 투자자 접근성을 중시하는 안정된 기업을 위한 시장입니다. Zoomcar는 2025년 후반에 미국 내 주요 증권거래소 상장을 추진할 계획입니다.
Zoomcar Holdings (OTCQX : ZCAR), principal marché indien de location de voitures en libre-service, a annoncé sa transition du Nasdaq Global Markets vers le OTCQX Best Market pour ses actions ordinaires et vers le OTCQB Venture Market pour ses bons de souscription. La société sera cotée sous les symboles "ZCAR" et "ZCARW" respectivement. Le marché OTCQX, qui est le niveau le plus élevé du groupe OTC Markets, est destiné aux entreprises établies axées sur la transparence et l'accessibilité pour les investisseurs. Zoomcar prévoit de viser une cotation sur une bourse nationale américaine plus tard en 2025.
Zoomcar Holdings (OTCQX: ZCAR), Indiens führender Marktplatz für selbstfahrende Carsharing-Fahrzeuge, gab seinen Übergang von den Nasdaq Global Markets zum OTCQX Best Market für seine Stammaktien und zum OTCQB Venture Market für seine Warrants bekannt. Das Unternehmen wird unter den Symbolen "ZCAR" bzw. "ZCARW" gehandelt. Der OTCQX Market, die höchste Stufe der OTC Markets Group, ist für etablierte Unternehmen konzipiert, die Wert auf Transparenz und Investorenfreundlichkeit legen. Zoomcar plant, im Laufe des Jahres 2025 eine Notierung an einer nationalen US-Börse anzustreben.
- Trading on OTCQX provides enhanced transparency and visibility to investors
- Company maintains plans to uplist to a national U.S. exchange later in 2025
- Ensures trading continuity of common stock
- Downgrade from Nasdaq Global Markets to OTC markets indicates potential compliance or listing requirement issues
- Trading on OTC markets typically implies reduced liquidity and institutional investor access
- May face challenges in maintaining analyst coverage and institutional interest
Bangalore, India, May 08, 2025 (GLOBE NEWSWIRE) -- Zoomcar Holdings, Inc. (“Zoomcar” or the “Company”) (OTCQX: ZCAR), a leading marketplace for self-drive car sharing in India, announced that its common shares and warrants are transitioning from the Nasdaq Global Markets to trading on the OTCQX Best Market and the OTCQB Venture Market, respectively, under the ticker symbols of “ZCAR” and “ZCARW”, respectively. The OTCQX Market represents the highest market of OTC Markets Group’s offerings and is designed for established, investor-focused U.S. and international companies. Trading on OTCQX enables Zoomcar to provide the greatest transparency, increased visibility, and accessibility to investors available in the OTC Markets.
Zoomcar’s transition to the OTCQX Market is expected to ensure continuity in trading of its common stock while supporting its mission of empowering hosts and providing affordable, flexible transportation solutions to guests.
US investors can find current financial disclosure and real time Level 2 quotes for the company on www.otcmarkets.com.
Zoomcar will aim to list later this year on a national exchange in the U.S.
About Zoomcar:
Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for self-drive car sharing focused in India. The Zoomcar community connects Hosts with Guests, who choose from a selection of cars for use at affordable prices, promoting sustainable, smart transportation solutions in India.
Forward Looking Statements
This press release contains forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. These forward-looking statements within the meaning under applicable law, can be identified by the use terms such as “may,” “will,” “aim,” “empower,” “estimate,” “intend,” “indicate,” “continue,” “promote,” “believe,” “boosting”, “elevate,” or “enhance,” or the negatives thereof, as well as other variations or comparable terminology. We ask that you read statements that contain these terms carefully because we believe this information is important for our investors and customers. Any forward-looking statement in this press release refers solely to what is accurate as of the day it is issued or based on assumptions that Zoomcar believes to be reasonable. The actual results and outcomes may materially differ due to various factors or events beyond our control which we may not be foreseeable at all times. We cannot guarantee or assure any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. We undertake no obligation to alter or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as required by law.
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FAQ
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