Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 230

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 230
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uable upon exercise of December Series A Warrants, and December Series B Warrants which are exercisable into up to a maximum of 6,411 shares of Common Stock. |
| (2) | These reflect the RSUs granted but not yet vested to the respective Directors and Officers.                                                                                                                                                                                                           |
| (3) | 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.                                                                                                                    |
| (4) | These shares  includes the 1765 RSUs granted but not vested  and the 46 shares issuable upon exercise of outstanding warrants to purchase Common Stock.                                                                                                                                               |
| (5) | These  shares  includes the 1765 RSUs granted but not vested  and the 33 shares issuable upon exercise of outstanding warrants to purchase Common Stock.                                                                                                                                              |
| (6) | Uri Levine, the Chairman of the Board of Directors, beneficially owns 19,577 shares of Common Stock, 14,078 shares of Common Stock issuable upon exercise of December Series A Warrants, and December Series B Warrants which are exercisable into up to a maximum of 38,462 shares of Common Stock.  |

143 DILUTION If you invest in our securities in this offering, your ownership interest will be diluted immediately to the extent of the difference between the public offering price per share and the pro forma, as adjusted net tangible book value per share of Common Stock immediately after this offering. Dilution in net tangible book value per share represents the difference between the amount per share paid by purchasers in this offering and the net tangible book value per share of our shares of Common Stock immediately after this offering. Our net tangible book value is determined by dividing our total tangible assets, less total liabilities, by the number of our shares of Common Stock outstanding as of December 31, 2024. Our net tangible book value as of December 31, 2024, was $(38,430,212), or $(113.39) per share of Common Stock. On a pro forma basis, giving effect to (a) the closing of the January/February Offering which was closed on February 4, 2025, for the issuance of an aggregate of (i) 52,490 shares of Common Stock, (ii) Pre-Funded Warrants exercisable for an aggregate of 43,600 shares of Common Stock,