| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ZCAR | Common Stock, par value $0.0001 | Other | -9.01M | -100% | 0 | Dec 28, 2023 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents (i) 8,050,000 Class B ordinary shares of the issuer that were acquired by the reporting person pursuant to a subscription agreement by and between the reporting person and the issuer prior to the issuer's initial public offering and (ii) 960,000 Class A ordinary shares of the issuer purchased by the reporting person in a private placement that closed simultaneously with the issuer's initial public offering. On December 28, 2023, the issuer consummated its initial business combination (the "Business Combination") with Zoomcar, Inc. In connection with the closing of the Business Combination (the "Closing"), each then-outstanding ordinary share of the issuer was cancelled and converted into one share of common stock of the issuer, par value $0.0001 per share ("Common Stock"). |
| F2 | On December 28, 2023, the reporting person effected a distribution to its members, so that the reporting person no longer owns shares of Common Stock. |
| F3 | Mohan Ananda is managing member of the reporting person and may be deemed to hold beneficial ownership of the shares of Common Stock held directly by the reporting person. Mr. Ananda disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |