Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 4

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 4
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’s overallotment option for Series A Warrants,
are exercised on an alternate cashless basis at the floor price of the Series A Warrants, an aggregate of shares
would be issued upon such alternate cashless exercise without payment to the Company of any additional cash.

The Series A Warrants will
be exercisable from issuance, as further described in “Description of Our Securities---Series A Warrants”.

We are also offering the
opportunity to purchase, if the purchaser so chooses and in lieu of Units, up to pre-funded
units (the “Pre-Funded Units”) to purchasers whose purchase of Units in this offering would otherwise result in the purchaser,
together with its affiliates and certain related parties, beneficially owning more than 4.99% (or, at the election of the purchaser, 9.99%)
of our outstanding common shares immediately following the consummation of this offering. Each Pre-Funded Unit consists of: (i) one pre-funded
warrant exercisable for one common share (the “Pre-Funded Warrants”); and (ii) one Series A Warrant. The purchase price of
each Pre-Funded Unit is equal to the price per Unit being sold to the public in this offering, minus $0.0001, and the exercise price of
each Pre-Funded Warrant included in the Pre-Funded Unit is $0.0001 per share. The Pre-Funded Warrants will be immediately exercisable
and may be exercised at any time until all of the Pre-Funded Warrants are exercised in full.

The common shares and Pre-Funded
Warrants, and the accompanying Series A Warrants, as the case may be, can only be purchased together in this offering but will be issued
separately and will be immediately separable upon issuance. Pursuant to the registration statement related to this prospectus, we are
also registering the common shares issuable upon exercise of the Series A Warrants and Pre-Funded Warrants included in the Units and Pre-Funded
Units offered hereby.

For each Pre-Funded Warrant
we sell, the number of common shares we are offering will be decreased on a one-for-one basis. Because a Series A Warrant is being sold
together in this offering with each common share and, in the alternative, each Pre-Funded Warrant to purchase one common share, the number
of Series A Warrants sold in this offering will not change as a result of a change in the mix of