Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 394

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 394
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 These agreements, among other things, require the registrant to indemnify its directors and officers for certain expenses, including attorneys’ fees, judgments, fines, and settlement amounts incurred by a director or officer in any action or proceeding arising out of their services as one of its directors or officers or any other company or enterprise to which the person provides services at its request. Item 15. Recent sales of unregistered securities Note:Unless otherwise provides, all share information relating to the Company’s shares of Common Stock does not reflect the Reverse Splits. Prior to and in connection with consummating the Business Combination, the registrant issued securities to, among other parties, Ananda Trust, pursuant to the Ananda Trust Signing Subscription Agreement and the Ananda Trust Closing Subscription Agreement, among other arrangements, to the IOAC Sponsor, to certain Vendors in respect of transaction expenses, as consideration for services or pursuant to advisory agreements, and as otherwise described above in relevant sections of this Report (such securities, collectively, the “ Closing Issuances”). In November 2024, the Company also issued 1,302,850 shares of Common Stock and Pre-Funded Warrants exercisable for 835,000 shares of Common Stock, along with Series A Warrants exercisable for up to 4,275,700 shares of Common Stock and Series B Warrants exercise for a maximum of 9,214,513 shares of Common Stock for an aggregate purchase price of $9.15 million or $4.28 per unit. In December 2024, the Company also issued 3,095,925 shares of Common Stock and Pre-Funded Warrants exercisable for 420,000 shares of Common Stock, along with Series A Warrants exercisable for up to 10,580,554 shares of Common Stock (after an adjustment to the Series A Warrants on December 31, 2024) and Series B Warrants exercisable for a maximum of 14,063,700 shares of Common Stock for an aggregate purchase price of $5.485 million or $1.56 per share. In February 2025, the Company also issued 1,0498,796 shares of Common Stock and Pre-Funded Warrants exercisable for 872,000 shares of Common Stock, along with Series A Warrants exercisable for up to 4,084,491 shares of Common Stock and Series B Warrants exercisable for a maximum of 7,687,184 shares of Common Stock for an aggregate purchase price of