Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 245

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 245
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 subject to the minimum notice requirement of a stockholders’ meeting. Limitations on Liability and Indemnification of Officers and Directors The Charter contains provisions that limit the liability of Zoomcar’s current and former directors for monetary damages to the fullest extent permitted by Delaware law. Delaware law provides that directors of a corporation will not be personally liable for monetary damages for any breach of fiduciary duties as directors, except liability for:

| ● | any breach of his duty of loyalty 
 to us or our stockholders;        |

| ● | acts or omissions not in good faith,                                   
 or which involve intentional misconduct or a knowing violation of law; |

| ● | unlawful payments of dividends or              
 unlawful stock repurchases or redemptions; and |

| ● | any transaction from which the director 
 derived an improper personal benefit.   |

These provisions may be held not to be enforceable for violations of the federal securities laws of the United States. Registration Rights November Registration Rights Agreement Pursuant to the November Registration Rights Agreement, the Company was also obligated to file a resale registration statement relating to the securities sold in the November Offering (which was not required to include the shares of Common Stock issuable upon exercise of the November Series A Warrants) within 15 days after the closing date of the November Offering. The Initial November Offering Resale Registration Statement was declared effective by the SEC on December 13, 2024, but did not include the registration for resale of any of the shares of Common Stock on behalf of the November Selling holders included in this prospectus. The November Registration Rights Agreement also provides that with respect to any additional registration statements which may be required to be filed pursuant to Registration Rights Agreement, that it be filed within 30 days following the date on which an additional registration statement is required to be filed (or, in the event of a full review by the SEC, 45 days following the date such additional registration statement is required to be filed. Additionally, the Registration Rights Agreement provides the November Selling Holders with certain “piggyback” registration rights to include shares of Common Stock not registered under an effective registration statement, including the shares of Common Stock issuable upon exercise of the November Series A Warrants, in other registration statements filed by the Company, subject to certain exceptions. The registration statement of which this prospectus forms a part includes the two November Selling Holders whose shares of Common Stock were not included in the Initial November Offering Resale Registration Statement. December Registration Rights Agreement Pursuant to a registration rights agreement between the