Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 5

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 5
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 Common Stock began trading on the Nasdaq Global Market on a post-reverse split basis at the beginning of trading on October 22, 2024. As a result every one hundred (100) shares of Common Stock then issued and outstanding was automatically converted into one (1) share of Common Stock, without any change in the par value per share. I n addition, (i) a proportionate adjustment was made to the per share exercise price and the number of shares issuable upon the exercise of all outstanding stock options and warrants to purchase shares of Common Stock, and (ii) the number of shares reserved for issuance pursuant to the Company’s equity incentive plans was also reduced proportionately. Any fraction of a share of Common Stock that would have been created as a result of the First Reverse Split was rounded up to the nearest whole share. On March 21, 2025, the Company effected an additional reverse stock split of its shares of Common Stock at a ratio of 1-for 20 (the “Second Reverse Split” and collectively with the First Reverse Split, the “Reverse Stock Splits”). Our shares of Common Stock began trading on the Nasdaq Global Market on a post-reverse split basis at the beginning of trading on March 24. 2025. As a result every twenty (20) shares of Common Stock then issued and outstanding was automatically converted into one (1) share of Common Stock, without any change in the par value per share. I n addition, (i) a proportionate adjustment was made to the per share exercise price and the number of shares issuable upon the exercise of all outstanding stock options and warrants to purchase shares of Common Stock, and (ii) the number of shares reserved for issuance pursuant to the Company’s equity incentive plans was also reduced proportionately. Any fraction of a share of Common Stock that would have been created as a result of the Second Reverse Split was rounded up to the nearest whole share. Except as otherwise indicated, all share and per share information in this prospectus gives effect to both of the Reverse Stock Splits at a cumulative ratio of 1-for-2,000. Unless the context indicates otherwise, references to the “Company,” “we,” “us” and “our” refer to Zoomcar Holdings, Inc., a Delaware corporation, and its consolidated subsidiaries following the Closing of the Business Combination, and references to “Zoomcar” refer to Zoomcar, Inc. and its consolidated subsidiaries before the Closing the Business Combination and Zoomcar Holdings, Inc., a Delaware corporation