Company: ZCARW
Filing Date: 2025-02-18
Form Type: 8-K
Source: 0001213900-25-014877
Chunk: 2

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-18
Form: 8-K
Item: Item 5.07
Chunk 2
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AIN                 BROKER                    
                                                                           NON-VOTES                 
 ─────────────────────────────────────────────────────────────────────────────────────────────────────
           2,501,016                   42,500                   2,306                     1,112,113  

Proposal No. 3 was approved
by a majority of the votes cast.

Proposal No. 4: Approval of Issuance of an
Award of Shares of Common stock to Consultant

The fourth proposal was the
approval, for purposes of complying with applicable Nasdaq Listing Rules, the issuance of an award of shares of Common Stock to a consultant,
for services provided to the Company (the “Consultant”), pursuant to the terms and conditions of a Consulting Agreement,
dated as of October 21, 2024, 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                 
 ─────────────────────────────────────────────────────────────────────────────────────────────────────
           2,504,161                   39,193                   2,468                     1,112,113  

Proposal No. 4 was approved
by a majority of the votes cast.

Proposal No. 5: Approval of Reverse Stock Split

The fifth proposal was the
approval of an amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended (the “ Amended and
Restated Certificate of Incorporation”) to effect a reverse stock split of its outstanding shares of common stock at a ratio
of between one-for-two and one-for-twenty, with such ratio to be determined at the sole discretion of the Company’s board of directors
(the “Board”) and with such reverse stock split to be effectuated at such a rate and at such time and date, if at all,
as determined by the Board in its sole discretion (the “Reverse Split”). The vote on the proposal was as follows:

  FOR                     AGAINST                   ABSTAIN                  BROKER             
                                                                             NON-VOTES          
 ────────────────────────────────────────────────────────────────────────────────────────────────
           3,292,349                   334,597                   30,989                      0  

Proposal No. 5 was approved
by a majority of the votes cast. The Reverse Split will be effective upon the approval of the Board of the specific ratio of the Reverse
Split, within the range approved by stockholders