Zoomcar issues $402K in convertible bridge notes to DLL and Boot Capital

Zoomcar Holdings, Inc.

Issued notes: $290,240 to 1800 Diagonal Lending LLC; $111,760 to Boot Capital LLC; net proceeds $250K and $100K.
Notes bear 12% interest, mature March 30, 2026, with scheduled installments and prepayment discount.
Upon default, conversion at 75% of lowest 15-day trading price; default amount increases to 150% (200% for conversion failure).
Amendment corrects typo: DLL note principal was $290,240, not $402,000 as originally stated.
Securities sold under Section 4(a)(2) and Rule 506 of Regulation D, no public offering.

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