Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 289

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 289
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 Units, each consisting of oneshare of common stock, Series A Warrants (“Series A Warrants - December 2024 Offering”) and maximum number of Series B Warrants (“Series B Warrants - December 2024 Offering”) as mentioned in the agreement, and (ii) 420,000Pre-Funded Units, each consisting of onePre-Funded Warrant (“Pre Funded Warrants - December 2024 Offering”), such number of Series A Warrants and maximum number of Series B Warrants as mentioned in the agreement, through the placement agent (collectively referred to “December 2024 Offering”). Along with a cash fee, the Company has issued to the placement agent, warrants to purchase 10% of the shares of Common Stock and shares of Common Stock underlying the Pre-funded Warrants*; Series A Warrants equal to 10% of the Series A Warrants sold at closing and Series B Warrants equal to 10% of the Series B Warrants issued at or following the Reset Date.

| * | 351,593                                                                                                                                       
 warrants to the placement agent as a part of compensation for services rendered in connection with the November 2024 offering. These warrants 
 are each exercisable at an exercise price of $1.95                                                                                            
 per share and are classified as equity instruments.                                                                                           |

The common units and pre-funded units are issued at a price of $ 1.56and $ 1.5599, respectively. Pre-funded warrants can be exercised at any time. The exercise price for the pre-funded warrants is $ 0.0001, which is to be paid by the warrant holder at the time of exercise of these warrants.

The holders of Common Stock are entitled to onevote per share on all matters submitted to the stockholders for their vote or approval. On all matters to be voted upon, holders of Common Stock and holders of Preferred Stock will vote together as a single class. They are entitled to receive dividends at the discretion of the Board of Directors. In the event of liquidation, after paying debts and any preferential amounts to Preferred Stockholders, Common Stockholders are entitled to share in the remaining assets ratably.

F-35 ZOOMCAR HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

| 22 | Derivative            
 financial instruments |

The following is a summary of the Company’s derivative financial instruments as of December 31, 2024 and March 31, 202