Company: ZCARW
Filing Date: 2025-01-10
Form Type: PRER14A
Source: 0001213900-25-002658
Chunk: 3

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-01-10
Form: PRER14A
Chunk 3
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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 “Institutional Investors Bridge Warrants Proposal”);                                                                                                           
 In connection with a private placement offering of up to $30,000,000 of securities of the Company made or to be made to certain accredited investors (the “Reg D Investors”), pursuant to an Amended and Restated Private Placement Memorandum, dated December 3, 2024, as such may be further amended from time to time, with an offering period expiring on March 31, 2025 (the “Reg D Offering”), to approve, for purposes of complying with applicable Nasdaq Listing Rules, (i) the purchase of shares of the Company’s Common Stock and shares of Common Stock issuable upon the exercise of certain unregistered warrants (the “Reg D Investors Series A Warrants” and the “Reg D Investors Series B Warrants,” and collectively, the “Reg D 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 Reg D Investors Bridge Warrants in the Reg D Offering to the Company’s Acting Chief Executive Officer and the Consultant (defined hereafter), in the event that such issuance is deemed to be compensation under the Nasdaq Listing Rules (“Proposal 2” or the “Reg D Investors Bridge Warrants Proposal”); |
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| 3. | To approve an amendment