Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 2087

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 7
Chunk 2087
---
 in fair value of Notes 
     -  
     (6,990,870)
  
    Change in fair value of SSCPN 
     -  
     (3,448,845)
  
    Change in fair value of derivative financial instruments 
     (9,035,085) 
     - 
  
    Loss on modification of finance leases 
     456,715  
     - 
  
    Change in fair value of Atalaya Note 
     (1,740,636) 
     - 
  
    Loss on litigation settlement* 
     12,738,865  
     - 
  
    Loss/(Gain) on sale of property & equipment 
     (114) 
     82,640 
  
    Loss/(Gain) on sale of assets held for sale 
     (1,054) 
     40,293 
  
    Loss on extinguishment of liability# 
     3,458,248  
     - 
  
    Bad debts written off on Receivables from car sale 
     452,014  
     - 
  
    Liquidated damages payable to Investors** 
     570,893  
     - 
  
    Impairment on assets held for sale 
     448,484  
     167,413 
  
    Loss on assets written off 
     853,194  
     92,462 
  
    Payable to customers and provision written back 
     (227,643) 
     (215,418)
  
    Other, net 
     (148,161) 
     (1,007,459)
  
    Total 
    $7,785,292  
    $(11,316,471)

*During the year, the Company entered into agreements with Randall Yanker,
Aegis Capital Corp and Ellenoff Grossman & Schole LLP for settlement of litigations. Pursuant to the settlement agreements, the Company
agreed to issue shares and warrants to them. (Refer note 23)

**This relates to damages payable to Investors on account of
delay in filing of registration statements for securities issued under multiple offerings made during the year.

#On March 31, 2025, the Company entered into settlement agreement with
certain investors in exchange for waivers of rights under prior financing agreements. Pursuant to the Settlement Agreement, the Company
agreed to issue shares and warrants