Zoomcar Holdings Files Proxy Statement Amendment

TL;DR

Zoomcar Holdings filed a proxy statement amendment, get ready for shareholder votes.

AI Summary

Zoomcar Holdings, Inc. filed an amendment to its Definitive Proxy Statement on January 21, 2025, concerning its annual meeting. The filing, identified by accession number 0001213900-25-005022, relates to the company's fiscal year ending March 31, 2025. Zoomcar Holdings, Inc. is headquartered in Bangalore, India.

Why It Matters

This filing is a routine but necessary step for public companies to communicate with shareholders regarding important corporate matters and upcoming votes, ensuring transparency and compliance.

Risk Assessment

Risk Level: low — This is a standard regulatory filing (DEF 14A) and does not contain new material financial information or significant operational changes.

Key Numbers

• 0331 — Fiscal Year End (Indicates the end of the company's financial reporting year.)

Key Players & Entities

• Zoomcar Holdings, Inc. (company) — Registrant
• 0001213900-25-005022 (filing_id) — Accession Number
• 20250121 (date) — Filing Date
• Innovative International Acquisition Corp. (company) — Former Company Name

FAQ

Key Financial Figures

• $30,000,000 — h a private placement offering of up to $30,000,000 of securities of the Company made or to
• $0.0001 — d shares of our common stock, par value $0.0001 per share (the “ Common Stock &rd

Filing Documents

• ea0228137-def14a_zoomcar.htm (DEF 14A) — 338KB
• image_001.jpg (GRAPHIC) — 733KB
• image_002.jpg (GRAPHIC) — 323KB
• 0001213900-25-005022.txt ( ) — 1794KB

From the Filing

DEF 14A 1 ea0228137-def14a_zoomcar.htm DEFINITIVE PROXY STATEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. 1) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as Permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Solicitation Material Pursuant to §240.14a-12 ZOOMCAR HOLDINGS, INC. (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 ZOOMCAR HOLDINGS, INC. Anjaneya Techno Park, No.147, 1st Floor Kodihalli, Bangalore, India 560008 January 21, 2025 To the Stockholders of Zoomcar Holdings, Inc.: You are cordially invited to attend a Special Meeting of Stockholders (the “ Special Meeting ”) of Zoomcar Holdings, Inc. (the “ Company ”) to be held on a virtual basis on February 18, 2025 at 12:00 p.m. Eastern Time, for the following purposes: THE BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE “FOR” EACH OF THE PROPOSALS. The Board has fixed the close of business on December 30, 2024 as the record date (the “ Record Date ”) for the determination of stockholders entitled to notice of, and to vote at, the Special Meeting or any postponement or adjournment thereof. Accordingly, only stockholders of record at the close of business on the Record Date are entitled to notice of, and shall be entitled to vote at, the Special Meeting or any postponement or adjournment thereof. 1. In connection with a private placement offering conducted by the Company pursuant to a Securities Purchase Agreement, dated November 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; 2. 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; 3. To approve an amendment to the Company’s 2023 Equity Incentive Plan (the “ 2023 Plan ”), to be effective as of March 31, 2025, if approved by the stockholders, amending Section 4(a) of the 2023 Plan to provide for a one-time increase in the number of shares of Common Stock reserved for issuance with respect to awards granted under the 2023 Plan, by adding a number of additional shares of Common Stock equal to 15% of the number of shares of Common Stock issued and outstanding on March 31, 2025; 4. To approve, for purposes of complying with the Nasdaq Listing Rules, the issuance of an award of shares of Common Stock to a consultant, for services provided to the

View Full Filing

View this DEF 14A filing on SEC EDGAR