Zoomcar Holdings, Inc. SEC Filings

Zoomcar Holdings, Inc. (ZCAR) filed an 8-K disclosing that on 24 June 2025 it privately placed two 12% convertible bridge notes with 1800 Diagonal Lending LLC and Boot Capital LLC.

• Gross principal: $402,000 and $111,760, respectively; combined $513,760.
• Original-issue discount (OID): 10% on each note, resulting in net cash proceeds of $350,000.
• Maturity: 30 March 2026, with scheduled installments; issuer may prepay at a discount.
• Default terms: interest rises to 22% and the outstanding balance inflates to 150%—and up to 200%—of principal plus accrued interest. Late share delivery incurs a $1,000/day penalty.
• Conversion right (default only): holder may convert outstanding balance into common stock at 75% of the lowest trading price in the prior 15 trading days, exposing shareholders to potential dilution.

The securities were issued under Rule 506 of Regulation D, avoiding SEC registration. Exhibit 4.1 contains the form of note; Exhibit 10.1 the purchase agreement.

Cardinal Health, Inc. (CAH) filed a Form 4 indicating that Chief Executive Officer Jason M. Hollar had 5,821 common shares automatically withheld on 06/30/2025 to cover tax obligations arising from the deferred settlement of previously awarded performance share units (transaction code “F”). The price recorded for the withholding was $167.18 per share, representing an aggregate value of roughly $0.97 million. After the transaction, Hollar’s direct ownership stands at 191,815 shares.

This is an administrative, non-open-market transaction. No shares were purchased or sold for investment purposes, and there is no indication of a change in the CEO’s long-term stake. The filing therefore carries minimal fundamental or market impact, serving primarily to update compliance records under Section 16(a).

Satellogic Inc. (SATL) – Form 144 filing discloses that Hannover Holdings S.A., an affiliate shareholder, intends to sell 100,000 Class A common shares through J.P. Morgan Securities on or about 20 June 2025. The shares carry an aggregate market value of $353,720, implying a reference price of roughly $3.54 per share. Total Class A shares outstanding stand at 90.53 million, so the proposed sale represents approximately 0.11 % of the float.

The filing also details the shareholder’s recent selling activity: over the last three months, Hannover Holdings disposed of 1,628,957 shares across 14 separate transactions, realising gross proceeds of roughly $6.2 million. Taken together with the newly-noticed 100,000-share block, the investor will have sold about 1.73 million shares, equal to 1.9 % of shares outstanding.

The shares being sold were originally acquired on 25 January 2022 via the exchange of Nettar Group convertible notes in connection with the merger that created Satellogic’s current corporate structure. No gifts were involved and consideration was rendered through an asset exchange.

Under Rule 144, affiliates may sell restricted securities subject to volume, manner-of-sale and notice requirements. The seller certifies it possesses no undisclosed material adverse information about Satellogic. While the absolute size of the proposed block is modest, the continued pattern of sales by a significant holder could signal ongoing liquidity needs or portfolio rebalancing and may exert incremental selling pressure on SATL shares.