Company: ZCARW
Filing Date: 2025-03-19
Form Type: 8-K
Source: 0001213900-25-025152
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Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-19
Form: 8-K
Item: Item 3.03
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Item 3.03 Material Modification to Rights of Security Holders.

To the extent required by
Item 3.03 of Form 8-K, the information contained in Item 5.03 of this Current Report on Form 8-K is incorporated herein by reference.

Item 5.03 Amendment to Articles of Incorporation or Bylaws, Change
in Fiscal Year.

As previously announced, on
February 18, 2025, Zoomcar Holdings, Inc. (the“ Company”) held a special meeting of stockholders (the“ Special
Meeting”), at which the Company’s stockholders approved a proposal to amend the Company’s Amended and Restated Certificate
of Incorporation (the“ Certificate of Incorporation”) to effect a reverse stock split of its issued and outstanding
shares of common stock, par value $0.0001 per share, at a ratio of between one-for-two and one-for-twenty, to be determined at the discretion
of the Board of Directors of the Company (the“ Board”).

On March 9, 2025, the Board
approved a one-for-twenty (1:20) reverse stock split of the Company’s issued and outstanding shares of common stock (the“ Reverse
Stock Split”). The Company intends to file with the Secretary of State of the State of Delaware a Certificate of Amendment to
its Certificate of Incorporation (the“ Certificate of Amendment”) on March 21, 2025 to effect the Reverse Stock Split.
The Reverse Stock Split will become effective as of 4:30 p. m., Eastern Time, on March 21, 2025, and the Company’s common stock will
begin trading on a split-adjusted basis when the market opens on March 24, 2025.

When the Reverse Stock Split
becomes effective, every twenty (20) shares of the Company’s issued and outstanding common stock will automatically be converted
into one share of common stock, without any change in the par value per share. In addition, (i) a proportionate adjustment will be 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 will
also be reduced proportionately. Any fraction of a share of common stock that would be created as a result of the Reverse Stock Split
will be rounded up to the nearest whole share. The