Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 264

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 264
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 Company,
and may exercise every right and power that the Company may exercise and will assume all of the Company’s obligations under the
December Series B Warrants with the same effect as if such successor entity had been named in such warrants itself. If holders of Company’s
Common Stock are given a choice as to the securities, cash or property to be received in a Fundamental Transaction, then the holder shall
be given the same choice as to the consideration it receives upon any exercise of such warrants following such Fundamental Transaction.

A holder of December Series
B Warrants does not have the right to exercise any portion of the December Series B Warrants if the holder (together with its affiliates)
would beneficially own in excess of 4.99% of the number of shares of the Company’s Common Stock outstanding immediately after giving
effect to the exercise, as such percentage ownership is determined in accordance with the terms of the December Series B Warrants. However,
any holder may increase or decrease such percentage to any other percentage not in excess of 9.99%, provided that any increase in such
percentage shall not be effective until 61 days following notice from the holder to the Company.

The December Series B Warrants
contain a standard cashless exercise provision permitting the holder to exercise the December Series B Warrants on a cashless basis if
the market price of the Company’s Common Stock at the time of exercise is in excess of the exercise price of the December Series
B Warrants and there is not an effective resale registration statement available for the resale of the shares of Common Stock underlying
the December Series B Warrants.

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The terms of the January/February
Series A Warrants are identical to the terms of the December Series A Warrants.

The terms of the January/February
Series B Warrants are identical to the terms of the December Series B Warrants.

Transfer Agent and Registrar

The transfer agent and registrar
for our common shares is Odyssey Transfer & Trust Company.

Trading Symbols and Market

Our common shares are listed
on the Nasdaq Global Market under the symbol “ZCAR.”

Other Securities in this Offering

The following summary of
certain terms and provisions of the Series A Warrants included in the Units that are being offered hereby is not complete and is subject
to, and qualified in its entirety by, the provisions of the Series A Warrant, the form of which will be filed as an exhibit to the registration
statement of which this prospectus forms a part.