Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 247

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 247
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or such shorter period 
 that the issuer was required to file such reports and materials), other than Form 8-K reports; and                                      |

| ● | at least one year has elapsed from                                                                                                           
 the time that the issuer filed current Form 10 type information with the SEC reflecting its status as an entity that is not a shell company. |

Following the consummation of the Business Combination, we are no longer a shell company, and as long as the conditions set forth in the exceptions listed above are satisfied, we expect Rule 144 to be available for the resale of our restricted securities. If the above conditions have been met and Rule 144 is available, a person who has beneficially owned restricted shares of Common Stock or Warrants for at least one year would be entitled to sell their securities pursuant to Rule 144, provided that such person is not deemed to have been one of our affiliates at the time of, or at any time during the three months preceding, a sale. If such persons are our affiliates at the time of, or at any time during the three months preceding, a sale, such persons would be subject to additional restrictions, by which such person would be entitled to sell within any three-month period only a number of securities that does not exceed the greater of:

| ● | 1% of the total number of shares                                 
 of Common Stock or Warrants, as applicable, then outstanding; or |

| ● | the average weekly reported trading                                                                                                     
 volume of the Common Stock or Warrants, as applicable, during the four calendar weeks preceding the filing of a notice on Form 144 with 
 respect to the sale.                                                                                                                    |

| ● | Sales by affiliates under Rule 144,                                                     
 when available, will also limited by manner of sale provisions and notice requirements. |

As of February 26, 2025, we had 13,408,606 shares of Common Stock issued and outstanding. A total of 133,654,397 shares of Common Stock, including shares issuable upon the exercise of warrants are being registered on behalf of the Selling Holders in the registration statement of which this prospectus forms a part. Furthermore, shares of Common Stock are held by public stockholders and are freely tradable without restriction or further registration under the Securities Act, except for any shares held by any of our affiliates within the meaning of Rule 144 under the Securities Act. All of the remaining shares of Common Stock are restricted securities under Rule 144, in that they were issued in private transactions not involving