Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 119

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 119
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 date such securities began being quoted in the OTC Markets,
are set forth below as reported by the OTC Markets. The table below provides the high and low bid prices of the Common Stock and Public
Warrants, during the period indicated. These prices represent quotations between dealers without adjustment for retail mark-up, markdown
or commission and may not represent actual transactions.

    May 08, 2025 to June 27, 2025 
    $4.5000  
    $0.4841 

    Public Warrants 

    May 08, 2025 to June 27, 2025 
    $0.0300  
    $0.0041 

The closing price of our
Common Stock and Public Warrants as reported by OTCQX and OTC pink market as of June 27, 2025, was $0.71 and $ 0.0121, respectively.

Holders of Record

As of June 27, 2025, there
were 731 holders of record of our Common Stock and 1 holder of record of our Public Warrants. A substantially greater number of holders
are “street name” or beneficial holders, whose shares of record are held by banks, brokers, and other financial institutions.

Dividend Policy

We have not paid any cash
dividends on our Common Stock to date. It is the present intention of our Board to retain all earnings, if any, for use in our business
operations and, accordingly, our Board does not anticipate declaring any dividends in the foreseeable future. The payment of cash dividends
in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition. The payment
of any cash dividends is within the discretion of our Board. Further, our ability to declare dividends may be limited by the terms of
financing or other agreements entered into by us or our subsidiaries from time to time.

63

Securities Authorized for Issuance Under Equity Incentive Plans

The following information
is as of March 31, 2025 under the 2023 Equity Incentive Plan.

    Plan Category 
    Number of securities to be issued upon exercise of outstanding options  
    Weighted- average exercise price of outstanding options  
    Number of granted restricted stock unit awards outstanding  
    Number of securities remaining available for future issuance under equity compensation plans 
  
    Equity compensation plans approved by security holders (1)