Swatick Majumdar - Dec 28, 2023 Form 4 Insider Report for Zoomcar Holdings, Inc. (ZCAR)

Role: Director
Signature: /s/ Swatick Majumdar
Stock symbol: ZCAR
Transactions as of: Dec 28, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/10/2024, 01:41 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ZCAR	Warrants to purchase Common Stock	Award		+2.8K			2.8K	Dec 28, 2023	Common Stock	2.8K	$3.00	Direct	F1
transaction	ZCAR	Warrants to purchase Common Stock	Award		+87.9K	+3143.94%		90.7K	Dec 28, 2023	Common Stock	87.9K	$3.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents warrants initially issued by Zoomcar, Inc. ("Zoomcar") and assumed by Zoomcar Holdings, Inc. (the "Issuer"), upon the consummation by the Issuer of its initial business combination pursuant to that certain agreement and plan of merger, dated as of October 13, 2022, by and among Zoomcar, the Issuer and the other parties thereto (the "Merger Agreement"). The warrants became excersiable on December 29, 2023 expire on December 29, 2028.

Content

Represents warrants initially issued by Zoomcar, Inc. ("Zoomcar") and assumed by Zoomcar Holdings, Inc. (the "Issuer"), upon the consummation by the Issuer of its initial business combination pursuant to that certain agreement and plan of merger, dated as of October 13, 2022, by and among Zoomcar, the Issuer and the other parties thereto (the "Merger Agreement"). The warrants became excersiable on December 29, 2023 expire on December 29, 2028.