Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 2

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 2
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 provided in a prospectus supplement that describes, among other things, the specific amounts and prices of the securities being offered and the terms of the Offering. The prospectus supplement may also add, update or change information contained in this prospectus. We are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of shares by the Selling Holders, although we will receive the exercise price of any Series A Warrants not exercised by the Selling Holders on a cashless exercise basis. For more information regarding our financial condition, including our limited cash position, please see “ Management’s Discussion and Analysis of Financial Condition and Results of Operations - Liquidity and Capital Resources. ” The securities registered for resale by the Selling Holders in the registration statement of which this prospectus forms a part represent approximately 997% of our total shares outstanding assuming the exercise of all Pre-Funded Warrants, November Series A Warrants, December Series A Warrants, January/February Series A Warrants, November Series B Warrants by the Initially Excluded November Selling Holders, December Series B Warrants and January/February Series B Warrants, and that (i) the maximum number of shares of Common Stock issuable upon exercise of the November Series A Warrants, December Series A Warrants and the January/February Series A Warrants is calculated on adjustments and/or resets, as provided in the warrants, down to the applicable floor prices of such warrants, after stockholder approval for the exercise of all of such warrants, which stockholder approval was obtained on February 18, 2025, and which is $0.806 with respect to the November Series A Warrants, and $0.312 with respect to the December Series A Warrants and the January/February Series A Warrants (the “Applicable Floor Prices”), and (ii) the maximum number of shares of Common Stock issuable upon the exercise of the November Series B Warrants, with respect to the Initially Excluded November Selling Holders, the December Series B Warrants and the January/February Series B Warrants, on the applicable Reset Date (as defined herein) is calculated based on a reset down to the Applicable Floor Prices, and therefore constitutes a considerable percentage of our public float which may be available for immediate resale upon effectiveness of the registration statement, and for so long as such registration statement remains available. Given the substantial number of shares being registered for potential resale by Selling Holders pursuant to this prospectus, whether as a result of substantial sales