Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 2266

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 7A
Chunk 2266
---
 365,433  
     656,767 
  
    Total assets 
    $1,856,469  
    $3,183,378 
  
    Financial liabilities 

    Accounts payable 
    $12,548,582  
    $14,431,587 
  
    Debt 
     2,851,341  
     5,049,483 
  
    Other financial liabilities 
     1,611,602  
     1,232,930 
  
    Total liabilities 
    $17,011,525  
    $20,714,000 

The following tables present information
about the Company’s financial assets and liabilities measured at fair value on a recurring basis:

    March 31, 2025 

    Total Carrying value  
    Level 1  
    Level 2  
    Level 3 
  
    Assets: 

    Assets held for sale 
    $267,293  
    $     -  
    $267,293  
    $- 
  
    Liabilities: 

    Atalaya Note 
    $6,002,269  
    $-  
    $-  
    $6,002,269 

F-48

ZOOMCAR HOLDINGS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

33Financial
Instruments - Fair Value Measurements (Continued)

    March 31, 2024 

    Total Carrying value  
    Level 1  
    Level 2  
    Level 3 
  
    Assets: 

    Assets held for sale 
    $629,908  
    $    -  
    $629,908  
    $- 
  
    Liabilities: 

    Atalaya Note 
    $10,067,601  
    $-  
    $-  
    $10,067,601 

Level 2: The fair value of Assets held
for sale not traded in an active market is determined using the quoted prices in markets that are not active or inputs other than the
quoted prices that are observable either directly or indirectly considering all the relevant factors of assets.

Atalaya Note

On March 28, 2025, a court order was
received for settlement of the Atalaya note. As of March 31, 2025, the Company’s fair value measurement of