Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 292

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 292
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, warrants to purchase % of the shares of Common Stock and shares of Common Stock underlying the
Pre-funded Warrants (“Common Stock Warrants”)*; Series A Warrants equal to % of the Series A Warrants sold at closing
and Series B Warrants equal to % of the Series B Warrants issued at or following the Reset Date.

After considering the impact of Second Reverse Stock Split,
common shares, Pre-Funded Warrants and Series A warrants have been issued during the November 2024 Offering.

| * | 10,697 (213,785 prior to Second Reverse Stock Split) Common                                                                            
 Stock Warrants were issued to the placement agent as a part of compensation for services rendered in connection with the November 2024 
 offering. These warrants are each exercisable at an exercise price of $80.60 ($4.03 prior to Second Reverse Stock Split) per share and 
 are classified as equity instruments.                                                                                                  |

The common units and pre-funded units are issued at
a price of $ ($ prior to Second Reverse Stock Split) and $ ($ prior to Second Reverse Stock Split) respectively.
Pre-funded warrants can be exercised at any time. The exercise price for the pre-funded warrants is $ ($ prior to Second Reverse
Stock Split), which is to be paid by the warrant holder at the time of exercise of these warrants. As of December 31, 2024, (
prior to Second Reverse Stock Split) Prefunded warrants have been exercised and are converted into common stock.

On December 24, 2024, the Company sold (i)
Common Units, each consisting of share of common stock, Series A Warrants (“Series A Warrants - December 2024 Offering”)
and maximum number of Series B Warrants (“Series B Warrants - December 2024 Offering”) as mentioned in the agreement, and (ii)
Pre-Funded Units, each consisting of Pre-Funded Warrant (“Pre Funded Warrants - December 2024 Offering”), such number
of Series A Warrants and maximum number of Series B Warrants as mentioned in the agreement, through the placement agent (collectively
referred to “December 2024 Offering”). Along with a cash fee, the Company has issued to the placement agent, warrants to purchase
% of the shares of Common Stock and shares of Common Stock underlying the Pre-funded Warrants*; Series A Warrants equal to % of the
Series A Warrants sold at closing and Series B Warrants equal to % of the Series B W