Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 538

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part II, Item 1
Chunk 538
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 currently exercisable into 1,394,062
shares of Common Stock at a current exercise price of $2.832 per share, subject to an alternative cashless exercise and other adjustments
and resets as described therein. We also issued the Placement Agent warrants now exercisable for 105,932 shares of Common Stock at a current
exercise price of $2.832 per share, subject to an alternative cashless exercise and other adjustments and resets as described therein.

Additionally,
in the November 7 Placement, we issued November Series A Warrants which when they become exercisable, upon obtaining stockholder
approval for such exercise, will become exercisable into 21,378,500 shares of Common Stock at an exercise price of $0.806 per share and
November Series B Warrants to purchase up to maximum of 9,214,513 shares at an exercise price of $0.0001 per share which assumes the maximum
reset to the Floor Price of $0.806 on the November Reset Date (as defined herein). We also issued the Placement Agent warrants which will
be exercisable on the applicable resale registration statement set forth in such Placement Agent warrant to purchase 1,068,925 shares
at an exercise price of $0.806 per share, Placement Agent November Series A Warrants, which when they become exercisable, upon obtaining
stockholder approval for such exercise, will become exercisable into 2,138,750 shares at an exercise price of $0.806 per share and Placement
Agent November Series B Warrants to purchase up to maximum of 921,451 shares at an exercise price of $0.0001 per share assuming the maximum
reset to the Floor Price of $0.806 on the November Reset Date.

Further
in the closings of the private placement in December and February (the “Reg D Private Placement”), we issued Reg D Series
A Warrants which when they become exercisable, upon obtaining stockholder approval for such exercise, will become exercisable into 30,882,904
shares of Common Stock at an exercise price of $0.806 per share and November Series B Warrants to purchase up to maximum of 7,687,184
shares at an exercise price of $0.0001 per share which assumes the maximum reset to the Floor Price of $0.312 on the applicable Reset
Date. We also issued the Placement Agent warrants which will be exercisable on the applicable resale registration statement set forth
in such Placement Agent warrant to