Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 231

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 231
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 offering                                                                                                          
 consist of 50,000 shares of Common Stock issued in the January/February Offering, 781,250 shares of Common Stock issuable upon exercise     
 of January/February Series A Warrants and 200,000 shares of Common Stock issuable upon exercise of January/February Series B Warrants       
 (see Footnote 15).                                                                                                                          |

148 DESCRIPTION OF SECURITIES The following summary of the material terms of our securities and is not intended to be a complete summary of the rights and preferences of such securities. We urge you to read our Charter and Bylaws in their entirety for a complete description of the rights and preferences of our securities. General Our authorized capital stock consists of (a) 260,000,000 shares of capital stock, $0.0001 par value per share, consisting of (i) 250,000,000 shares of Common Stock and (ii) 50,000,000 shares of preferred stock. As of February 26, 2025, we have 13,408,606 shares of Common Stock and no shares of preferred stock outstanding. Common Stock Voting rights. Each holder of Common Stock is entitled to one vote for each share of Common Stock held of record by such holder on all matters on which stockholders generally are entitled to vote. Dividend Rights. Subject to preferences that may be applicable to any outstanding preferred stock, the holders of shares of Common Stock will be entitled to receive dividends out of funds legally available therefor at such times and in such amounts as the Board may determine in its sole discretion. Rights upon liquidation. In the event of any voluntary or involuntary liquidation, dissolution or winding up of Zoomcar’s affairs, the holders of Common Stock will be entitled to share ratably in all assets remaining after payment of Zoomcar’s debts and other liabilities, subject to pari passuand prior distribution rights of preferred stock or any class or series of stock having a preference over the Common Stock, then outstanding, if any. Other rights. The holders of Common Stock will have no preemptive or conversion rights or other subscription rights. There will be no redemption or sinking fund provisions applicable to the Common Stock. The rights, preferences and privileges of holders of the Common Stock will be subject to those of the holders of any shares of the preferred stock Zoomcar may issue in the future. Preferred Stock The Charter provides that shares of preferred stock may be issued from time to time in one or more series. The Board is authorized to fix the voting rights, if