Company: ZCARW
Filing Date: 2025-01-10
Form Type: PRER14A
Source: 0001213900-25-002658
Chunk: 6

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-01-10
Form: PRER14A
Chunk 6
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 Common Stock outstanding on the Record Date, each having one
vote per share. All shares of Common Stock vote together as a single class. Information about
the stockholdings of our directors and executive officers is contained in the section of
this proxy statement entitled “Beneficial Ownership of Principal Stockholders, Officers and Directors” on page 24 of this proxy statement.

What is the proxy card?

The proxy card enables you
to appoint Hiroshi Nishijima, our Interim Chief Executive Officer and Shachi Singh, our General Counsel, as your representatives at the
Special Meeting. This way, by completing and returning the proxy card with your instructions on the proxy card, your shares will be voted
whether or not you attend the Special Meeting. Even if you plan to attend the Special Meeting, we think that it is a good idea to complete
and return your proxy card before the Special Meeting date just in case your plans change. If a proposal comes up for vote at the Special
Meeting that is not on the proxy card, the proxies will vote your shares, under your proxy, according to their best judgment. The proxy
card (or voter information form) will also contain your control number. You will need to use the control number appearing on your proxy
card to vote prior to or at the Special Meeting.

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What am I voting on?

You are being asked to vote:

| 1. 
 2. | In connection with a private placement offering conducted by the Company pursuant to a Securities Purchase Agreement, dated November 5, 2024, between the Company and the investors (the “Institutional Investors”) signatory thereto (the Institutional Offering”), to approve, for purposes of complying with applicable Nasdaq Listing Rules, (i) the purchase of shares of the Company’s common stock (the “Common Stock”) and shares of Common Stock issuable upon the exercise of certain unregistered warrants (the “Institutional Investors Series A Warrants” and the “Institutional Investors Series B Warrants,” and collectively, the “Institutional Investors Bridge Warrants”), equal to or exceeding 20% of the outstanding shares of Common Stock, in an offering that is not a public offering, and (ii) the issuance of Common Stock and the Institutional Investors Bridge Warrants in the Institutional Offering to a former director of the Company’, in the event that such issuance is deemed to be compensation under the Nasdaq Listing Rules (“Proposal 1” or the “