Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 338

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 338
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3prior to Reverse Stock Split) per share for aggregate gross proceeds of $ 5,000,000. This investment was consummated concurrently with the closing of the Reverse Recapitalization.

The number of shares of common stock outstanding following the consummation of the Reverse Recapitalization are as follows:

|                                                                                                 | Particulars |     |                       March 
                    31, 2024 
 (After Reverse Stock Split) |     |     |                          March 
                       31, 2024 
 (Prior to Reverse Stock Split) |
|:------------------------------------------------------------------------------------------------|:------------|:----|----------------------------:|:----|:----|-------------------------------:|
| Conversion                                                                                      
 of Zoomcar, Inc. Common Stock and Preferred Stock outstanding prior to Reverse Recapitalization |             |     |                     273,791 |     |     |                     27,327,481 |
| Common stock – issuance to IOAC shareholders                                                    |             |     |                      91,924 |     |     |                      9,192,377 |
| Shares issued to Mohan Ananda                                                                   |             |     |                      27,382 |     |     |                      2,738,172 |
| Other vendors                                                                                   |             |     |                      36,173 |     |     |                      3,617,333 |
| Total                                                                                           |             |     |                     429,270 |     |     |                     42,875,363 |

(This space has been left intentionally blank) F-77 ZOOMCAR HOLDINGS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

| 3 | Reverse Recapitalization (Continued) |

The number of Zoomcar, Inc. shares was determined as follows:

| Particulars                                              |     | Zoomcar,    
 Inc. Shares |            |     | Common                        
 shares issued to              
 shareholders of Zoomcar, Inc. 
 (After Reverse Stock Split)   |         |     | Common                         
 shares issued to               
 shareholders of Zoomcar, Inc.  
 (Prior to Reverse Stock Split) |            |
| Common shares                                            |     |             | 16,987,064 |     |                               |   5,342 |     |                                |    482,681 |
| Preferred stock                                          |     |             | 99,309,415 |     |                               | 218,425 |     |                                | 21,842,458 |
| Redeemable NCI - Shares of Zoomcar India