Company: ZCARW
Filing Date: 2025-02-18
Form Type: 8-K
Source: 0001213900-25-014877
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Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-18
Form: 8-K
Item: Item 5.07
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Item
5.07 Submission of Matters to a Vote of Security Holders

On February 18, 2025, Zoomcar
Holdings, Inc. (the “ Company”) held its special meeting of stockholders (the “ Special Meeting”).
As of the record date of December 30, 2024 (“ Record Date”), 6,771,662 shares of the Company’s common stock were
issued and outstanding and eligible to vote. At the Special Meeting, a quorum of 3,657,935 shares, or approximately 54.01% of the eligible
shares, was present or represented by proxy. Each of the matters set forth below is described in detail in the proxy statement (the “ Proxy
Statement”) filed with the Securities and Exchange Commission on January 21, 2025. The following actions were taken at the Special
Meeting:

Proposal No. 1: Approval of Institutional Investors
Bridge Warrants

The first proposal was the
approval, for purposes of complying with applicable Nasdaq Listing Rules, (i) the purchase of shares of the Company’s common stock
(the “Common Stock”) and shares of Common Stock issuable upon the exercise of certain unregistered warrants (collectively,
the “Institutional Investors Bridge Warrants”), equal to or exceeding 20% of the outstanding shares of Common Stock,
in a private placement offering conducted by the Company pursuant to a Securities Purchase Agreement, dated November 5, 2024, between
the Company and the investors signatory thereto (the “Institutional Offering”), and (ii) the issuance of Common Stock
and the Institutional Investors Bridge Warrants in the Institutional Offering to a former director of the Company, in the event that such
issuance is deemed to be compensation under the Nasdaq Listing Rules. The vote on the proposal was as follows:

  FOR                     AGAINST                  ABSTAIN                   BROKER                    
                                                                             NON-VOTES                 
 ───────────────────────────────────────────────────────────────────────────────────────────────────────
           2,277,295                   36,531                   231,996                     1,112,113  

Proposal No. 1 was approved
by a majority of the votes cast. To the extent a holder of Common Stock as of the Record Date was also a holder of Institutional Investors
Bridge Warrants, such holder was not permitted to vote on proposal 1.

Proposal No. 2: Approval of Reg D Investors
Bridge Warrants

The second proposal was the