Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 9

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 9
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 IOAC (“Merger Sub”), Zoomcar, Inc., a Delaware corporation (“Zoomcar, Inc.”), and Greg Moran, solely
in the capacity as the representative of the Zoomcar stockholders (in such capacity, the “Seller Representative”) (collectively,
the “Business Combination”). The consummation of the Business Combination (the “Closing”) involved (i) prior to
the Closing, the continuation of IOAC into the State of Delaware so as to become a Delaware corporation (the “Domestication”)
and (ii) the merger of Merger Sub with and into Zoomcar, Inc., with Zoomcar, Inc. continuing as the surviving corporation (the “Merger”),
as well as the other transactions contemplated in the Merger Agreement. As a result of the Merger, the Company owns 100% of the outstanding
common stock of Zoomcar, Inc. In connection with the closing of the Business Combination, the Company changed its name from “Innovative
International Acquisition Corp.” to “Zoomcar Holdings, Inc.”

Unless the context
indicates otherwise, references to the “Company,” “we,” “us” and “our” refer to Zoomcar
Holdings, Inc., a Delaware corporation, and its consolidated subsidiaries following the Closing of the Business Combination, and references
to “Zoomcar” refer to Zoomcar, Inc. and its consolidated subsidiaries before the Closing the Business Combination and Zoomcar
Holdings, Inc., a Delaware corporation, and its consolidated subsidiaries following the Closing of the Business Combination.

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FREQUENTLY USED TERMS</div>

Unless otherwise stated in this prospectus or the context otherwise
requires, references to:

In this document:

“ACM”
means ACM Zoomcar Convert LLC.

“Board”
means the board of directors of the Company. References herein to the Company will include its subsidiaries to the extent reasonably applicable.

“Business Combination” means the business combination of the IOAC and Zoomcar pursuant to the terms of the Merger Agreement and the other
transactions contemplated by the Merger Agreement.

“Bylaws”
means the Amended and Restated Bylaws of the Company as in effect on the date of this prospectus.

“Charter”
means the Amended and Restated Certificate of Incorporation of the Company as in effect on the date of this prospectus.

“Class A Ordinary Shares” means the Class A ordinary shares, par value $0.0001 per share, of IOAC, prior to