LETTER AGREEMENT, DATED MAY 6, 2026, BETWEEN ZOOMCAR HOLDINGS, INC. AND ACM ZOOMCAR CONVERT LLC
Zoomcar Holdings, Inc.
Zoomcar Holdings, Inc.
Website: www.zoomcar.com
May 11, 2026
ACM Zoomcar Convert LLC
c/o Atalaya Capital Management LP
One Rockefeller Plaza, 32nd Floor,
New York, NY 10020
| Re: | Letter of Understanding |
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Dear Drew,
This letter (the “Letter”) captures the agreement between Zoomcar Holdings, Inc. (“Zoomcar”) and ACM Zoomcar Convert LLC (“ACM”) regarding the path forward to resolve the outstanding judgments entered against Zoomcar on July 1, 2025 (“ACM Judgment”) and reflects the parties’ intention to proceed and resolve such matters as per the terms below.
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