Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 335

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 335
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        (9.85 | ) |     | $    |   (1,924.75 | ) |

<div align='center'>F-40

ZOOMCAR HOLDINGS, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)</div>

Share related amounts have been retroactively adjusted to reflect this reverse stock-split for all periods presented.

Since the Company was in a loss position for the three months and nine months ended December 31, 2024 and nine months ended December 31, 2023, basic loss per share was same as diluted net loss per share for the periods presented. The following potentially dilutive outstanding securities as of December 31, 2024 and December 31, 2023 were excluded from the computation of diluted loss per share except for three months ended December 31,2023, because their effect would have been anti-dilutive for the periods presented, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied by the end of the period.

|                                                  |     |        Three 
 months ended 
 December 31, |            |     |      |            |     |         Nine 
 months ended 
 December 31, |            |     |      |            |
|                                                  |     |         2024 |            |     | 2023 |            |     |         2024 |            |     | 2023 |            |
| Convertible preferred stock                      |     |              |          - |     |      |          - |     |              |          - |     |      |          - |
| Preferred stock warrants                         |     |              |          - |     |      |          - |     |              |          - |     |      |          - |
| Stock options*                                   |     |              |        204 |     |      |          7 |     |              |        204 |     |      |          2 |
| SSCPN                                            |     |              |          - |     |      |          - |     |              |          - |     |      |          - |
| Public warrants                                  |     |              | 11,500,000 |     |      | 11,500,000 |     |              | 11,500,000 |     |      | 11,500,000 |
| Private warrants*                                |     |              |    380,011 |     |      |     12