GRAND CAYMAN, Cayman Islands, Jan. 14, 2025 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (NASDAQ:SVMH) ("SRIVARU" or the "Company"), a leading name in EV motorcycle innovation, is thrilled to announce the successful commencement of its much-anticipated annual event, SVM Day. This event marks the company's continued commitment to shaping the future of personal mobility through cutting-edge technology, sustainability, and user-centric design. The event, to be held online on Jan 15th 10:00AM EST https://www.you ...

GRAND CAYMAN, Cayman Islands, Jan. 13, 2025 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH) (“SRIVARU” or the “Company”), a manufacturer of premium electric motorcycles, today announced that it will effect a share consolidation (“Reverse Share Split”) of its ordinary shares at a ratio of 50-for-1, effective as of 12:00 am on January 15, 2025 (the “Effective Time”), in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5450(a)(1). The Com ...

GRAND CAYMAN, Cayman Islands, Oct. 31, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) (“SRIVARU” or the “Company”), a manufacturer of premium electric motorcycles, today announced the closing of its previously announced public offering of 106,250,000 units at a public offering price of $0.064 per unit. Each unit consists of one ordinary share and one warrant to purchase one ordinary share, which can be exercisable for two ordinary shares pursuant to an alternative cashless exercise p ...

GRAND CAYMAN, Cayman Islands, Oct. 30, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) ("SRIVARU" or the "Company"), a manufacturer of premium electric motorcycles, today announced the pricing of its public offering of 106,250,000 units at a public offering price of $0.064 per unit. Each unit consists of one ordinary share and one warrant to purchase one ordinary share, which can be exercisable for two ordinary shares pursuant to an alternative cashless exercise provision. In addition ...

GRAND CAYMAN, Cayman Islands, Oct. 23, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) (“SRIVARU” or the “Company”), a manufacturer of premium electric motorcycles, today announced its expansion into the Indian State of Kerala with the launch of its PRANA 2.0 electric motorcycle through a new joint dealership with Electrogreen Motors in Thiruvananthapuram, Kerala’s capital. The joint dealership model, developed by SRIVARU, allows the Company to partner with established local dealers, ...

GRAND CAYMAN, Caman Islands, Sept. 26, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) ("SRIVARU" or the "Company"), a manufacturer of premium electric motorcycles, announced today that it has successfully obtained certification from India's Central Motor Vehicles Rules (CMVR) agency for PRANA 2.0 models, which include the PRANA Grand and PRANA Elite. This regulatory approval marks a significant achievement in SRIVARU's mission to deliver innovative, eco-friendly transportation soluti ...

GRAND CAYMAN, Cayman Islands and COIMBATORE, India, July 29, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (NASDAQ:SVMH, SVMHW))) ("SRIVARU" or the "Company"), a provider of premium electric motorcycles, announced today that its state-of-the-art electric motorcycle, the PRANA 2.0, has successfully completed its commercial manufacturing and testing cycle and is now available in the Indian market. The PRANA 2.0 is being manufactured and delivered to its product specifications, ensuring a premium experience ...

GRAND CAYMAN, Cayman Islands, July 26, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) ("SRIVARU" or the "Company"), a manufacturer of premium electric motorcycles today announced that on July 24, 2025, the Company received a staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company of the determination of the Nasdaq staff (the "Staff") that because the Company had not regained compliance with t ...

ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS SVH's mission is to revolutionize two-wheeled vehicles ("TWV") by developing premium products powered by renewable energy, which are best-in-class for safety, performance, and comfort, thereby providing the best riding experience to our customers. SVH is the holding company for 94% of the outstanding ownership interests of SVM, our primary operating subsidiary. SVM was founded in 2018 and is currently focusing on India, the largest market for TWV where th ...

GRAND CAYMAN, Cayman Islands and COIMBATORE, India, July 08, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH; SVMHW) ("SRIVARU" or the "Company"), a provider of premium electric motorcycles, announced today the successful deployment of advanced AI tools to manage its lead generation platform. This deployment follows the Company's June 16th launch of its booking platform for its flagship product, the PRANA 2.0, a cutting-edge performance electric motorcycle engineered with a focus on value. Si ...