Schedule of Preferred Stock Authorized, Issued and Outstanding |
A
summary of the Zoomcar, Inc. Preferred Stock authorized, issued and outstanding as of the date of the Reverse Recapitalization is as
follows:
| |
As
at December 28, 2023 | |
| |
Authorized
shares | | |
Shares
issued | | |
Conversion
Ratio | | |
Net
carrying
value | | |
Liquidation
preference | |
Preferred Stock | |
| | |
| | |
| | |
| | |
| |
Series Seed | |
| 6,836,726 | | |
| 6,836,726 | | |
| 1.42 | | |
| 1,542,203 | | |
| 1,542,203 | |
Series A | |
| 11,379,405 | | |
| 11,379,405 | | |
| 2.00 | | |
| 9,288,872 | | |
| 9,288,872 | |
Series A2 | |
| 4,536,924 | | |
| 4,536,924 | | |
| 2.25 | | |
| 10,760,224 | | |
| 10,760,224 | |
Series B | |
| 18,393,332 | | |
| 18,393,332 | | |
| 2.25 | | |
| 31,416,488 | | |
| 31,416,488 | |
Series C | |
| 12,204,208 | | |
| 4,125,666 | | |
| 2.33 | | |
| 10,534,889 | | |
| 10,534,889 | |
Series D | |
| 21,786,721 | | |
| 19,016,963 | | |
| 2.31 | | |
| 34,894,262 | | |
| 34,894,262 | |
Series E | |
| 32,999,472 | | |
| 29,999,520 | | |
| 16.92 | | |
| 55,260,089 | | |
| 55,260,089 | |
Series E1 | |
| 32,000,000 | | |
| 5,020,879 | | |
| 23.69 | | |
| 15,277,410 | | |
| 15,277,410 | |
Total preferred
stock | |
| 140,136,788 | | |
| 99,309,415 | | |
| | | |
| 168,974,437 | | |
| 168,974,437 | |
|