Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 102

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 102
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 31, 2025, the Company entered into the January/February Securities Purchase Agreement with the January/February Selling Holders, in connection with the second closing of the Reg D Private Placement (the “January/February Offering Closing Date”), The January/February Offering, as it is referred to in this prospectus, was closed on February 4, 2025, pursuant to which the Company sold to the January/February Selling Holders, an aggregate of (i) 1,049,796 shares of Common Stock, (ii) Pre-Funded Warrants exercisable for an aggregate of 872,000 shares of Common Stock, (iii) January/February Series A Warrants to purchase up to a maximum of 30,028,071, shares of Common Stock and December Series B Warrants to purchase up to a maximum of shares of Common Stock for an aggregate investment amount of approximately$1.44 million (provided that the Company did not receive any cash proceeds with respect to securities with a subscription price of $1,560,000, as those securities were issued in consideration for the settlement of litigation with a claimant) .On the January/February Offering Closing Date, the Company issued to the January/February Selling Holders 1,049,796 shares of Common Stock and Pre-Funded Warrants to purchase 872,000 shares of Common Stock. January/February Selling Holders who purchased Pre-Funded Warrants paid the per share price of $1.56 less $0.0001 for each Pre-Funded Warrant purchased. The Company raised gross proceeds of approximately $1.44 million (provided that the Company did not receive any cash proceeds with respect to securities with a subscription price of $1,560,000, as those securities were issued in consideration for the settlement of litigation with a claimant), and after the deduction of fees and expenses payable to the Placement Agent and other offering expenses, the net proceeds to the Company was approximately $1.25 million. In connection with the January/February Offering, the Company retained the Placement Agent to act as the placement agent. For acting as the placement agent, the Company agreed to pay the Placement Agent, subject to certain exceptions: (i) a cash fee equal to 10% of the aggregate gross proceeds raised by the Placement Agent in the December Offering (5% with respect to certain of the December Selling Holders who are deemed “insiders,” (ii) a non-accountable expense allowance of up to 3% of the aggregate