Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1066

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 2
Chunk 1066
---
 of non-cash investing and financing activities: 

    Issue of common stock upon conversion of SSCPN 
     -  
     27,148,313 
  
    Issue of common stock upon conversion of warrants 
     -  
     31 
  
    Non-cash liabilities assumed in the Reverse Recapitalization 
     -  
     17,100,000 
  
    Warrants issued on completion of Reverse Recapitalization 
     -  
     7,538,708 
  
    Issue of common stock upon conversion of convertible promissory notes 
     -  
     3,953,856 
  
    Issue of Common Stock and warrants 
     16,158,811  
     - 
  
    Reclassification of warrants from liability to equity 
     8,366,650  

    Issue of Common Stock upon cashless exercise of warrants 
     92,791  

    Issue of Common stock upon conversion of Unsecured Convertible Note 
     2,324,696  
     - 
  
    Assumption of Unsecured promissory note on Reverse Recapitalization 
     -  
     3,259,208 
  
    Issue of warrants to redeemable promissory note holders 
     2,047,925  
     - 
  
    Issue of common stock upon exercise of warrants issued with redeemable promissory notes 
     5  
     - 
  
    Issue of common stock upon conversion of unsecured promissory note 
     2,027,840  
     - 
  
    Warrants issued to placement agents towards issue of redeemable promissory notes 
     418,157  
     - 
  
    Warrants issued to placement agents 
     1,540,167  
     - 
  
    Acquisition of assets held for sale by incurring a liability 
     238,689  
     - 

The accompanying notes are an integral part of these Consolidated
Statements of Cash Flows

F-7

ZOOMCAR HOLDINGS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1.Organization, Business operation and Going concern

Zoomcar Holdings, Inc. (formerly
“Innovative International Acquisition Corp”) a Delaware corporation provides mobility solutions to consumers and businesses.
The accompanying Consolidated Financial Statements include the accounts and transactions of Zoomcar Holdings, Inc.