Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1762

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 5
Chunk 1762
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282(5) 
     1.31%
  
    All directors and executive officers as a group (7 individuals) 
        
     1.38%
  
    5% Stockholders 

    Randall Yanker Irrevocable Trust 
     617,817  
     9.87%
  
    Adam Stern 
     420,964  
     6.73%
  
    Isagen LLC 
     366,256  
     5.85%
  
    Alta Partners LLC 
     419,025  
     6.70%

*Less than 1%

**The Ownership percentage is derived based on common stockholder register
as on June 27 2025.

    (1)
    These reflect the RSUs granted but not yet vested to the respective Directors and Officers.

    (2)
    These shares include the 2,353 RSUs granted but not vested to Mohan Ananda and the 3,843 shares of common stock beneficially held by Mohan Ananda for Ananda Small Business Trust.

    (3)
    These shares  includes the 1765 RSUs granted but not vested  and the 46 shares issuable upon exercise of outstanding warrants to purchase Common Stock.

    (4)
    
    These  shares  includes
the 1765 RSUs granted but not vested  and the 33 shares issuable upon exercise of outstanding warrants to purchase Common Stock.

    (5)
    
    Uri Levine, the Chairman of the Board of
Directors, beneficially owns 82,282 shares of Common Stock

105

Item 13. Certain Relationships and Related
Transactions, and Director Independence

Pre-Closing Related Party Transactions

IOAC

On May 10, 2023, IOAC issued
an unsecured promissory note (the “May 2023 Note”) in the amount of up to $500,000 to the Sponsor. The May 2023 Note
bears no interest, and the principal balance is payable on the date of the consummation of the Company’s initial business combination.
The May 2023 Note is subject to customary events of default, the occurrence of certain of which automatically triggers the unpaid principal
balance of the note and all other sums payable with regard to the note becoming immediately due and payable.

On July 20, 2023, IOAC issued
an unsecured promissory note (the “Second Extension Note”)