Company: ZCARW
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-041769
Chunk: 370

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-12
Form: S-1/A
Chunk 370
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21,786,721 |     |        | 19,016,963 |     |            |  2.31 |     |          |  34,894,262 |     |             |  34,894,262 |
| Series E        |     |                      |  32,999,472 |     |        | 29,999,520 |     |            | 16.92 |     |          |  55,260,089 |     |             |  55,260,089 |
| Series E1       |     |                      |  32,000,000 |     |        |  5,020,879 |     |            | 23.69 |     |          |  15,277,410 |     |             |  15,277,410 |
| Total preferred 
 stock           |     |                      | 140,136,788 |     |        | 99,309,415 |     |            |       |     |          | 168,974,437 |     |             | 168,974,437 |

(This space has been left intentionally blank) F-95 ZOOMCAR HOLDINGS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

| 24(a) | Preferred Stock (Continued) |

Upon the closing of the Reverse
Recapitalization, shares of Zoomcar Inc. Series Seed, A, A2, B, C, D, E, and E-1 Preferred Stock were converted into
Common Stock of the Company at the exchange ratio of (prior to Reverse Stock Split). Shares Authorized and Shares Issued
above have been retroactively adjusted to reflect the exchange. As a result of the conversion of the Zoomcar, Inc. convertible
Preferred Stock, the Company reclassified the amount of convertible Preferred Stock to additional paid in capital above their par
value.

Upon the consummation of the Business Combination by way of a Reverse Recapitalization, the Company is authorized to issue 10,000,000shares of Preferred Stock with a par value of $ 0.0001per share. The Company has no Preferred Stock outstanding as of March 31, 2024.

| 24(b) | Redeemable non-controlling interests |

Series P1 and P2 Preferred stock represents the minority preferred stockholders ownership in the Indian subsidiary of the Company which was classified as a redeemable non- controlling interest, because it was redeemable on