Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 11

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 11
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“Public Warrants”
or “Warrants” means one (1) whole redeemable warrant that was included in as part of each Unit, entitling the holder
thereof to purchase one (1) share of Common Stock after the Business Combination at a purchase price of $11.420 per share.

“Amended and Restated Registration Rights Agreement” means the Amended and Restated Registration Rights Agreement, dated as of December 28, 2023,
by and among the Company, the Sponsor, certain shareholders of IOAC and certain stockholders of Zoomcar.

“SEC”
means the U.S. Securities and Exchange Commission.

“Securities Act”
means the Securities Act of 1933, as amended.

“Selling Holders”
means the selling security holders identified in this prospectus and their permitted transferees.

“Sponsor”
means Innovative International Sponsor I LLC, a Delaware limited liability company.

“Trust Account”
means the trust account of IOAC, established at the time of our IPO, containing the net proceeds of the sale of the Units in the IPO,
including from overallotment securities sold by IOAC’s underwriters, and the sale of the Private Placement Shares, following the
closing of the IPO.

“Units”
means the units issued in the IPO consisting of one (1) Class A Ordinary Share and one-half (1/2) of one Public Warrant.

“Zoomcar Common Stock” means, collectively, the shares of common stock, par value $0.0001 per share, of Zoomcar, Inc. prior to the Business
Combination.

“Zoomcar, Inc.” means Zoomcar, Inc., a Delaware corporation. References herein to Zoomcar will include its subsidiaries to the extent
reasonably applicable.

“Zoomcar India”
means Zoomcar India Private Limited, an Indian limited liability company and subsidiary of Zoomcar.

“Zoomcar Stockholders”
means security holders of Zoomcar prior to the Closing, including holders of outstanding shares of Zoomcar India.

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MARKET AND INDUSTRY DATA</div>

This prospectus includes
industry position and industry data and forecasts that were obtained or derived from internal company reports, independent third-party
publications and other industry data. Some data are also based on good faith estimates, which are derived from internal company analyses
or review of internal company reports as well as the independent sources referred to above. Although we believe that the information
on which we have based these estimates of industry position