Innovative International Acquisition Corp. (IOAC) operates as a blank check special purpose acquisition company focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more targets, primarily in consumer technology, healthcare, information technology services, and enterprise software as a service; its securities, including units (IOACU), common shares (IOAC), and warrants (IOACW), trade on Nasdaq. The company, incorporated in 2021 and headquartered in Dana Point, California, completed a $230 million initial public offering in November 2021, providing capital for its business combination pursuits with domestic or international targets across technology, healthcare, consumer products, financial services, and business services. In December 2023, IOAC consummated its initial business combination through a reverse recapitalization merger with Zoomcar, Inc., pursuant to an agreement dated October 13, 2022; IOAC became the legal parent of Zoomcar, changed its name to Zoomcar Holdings, Inc. (NASDAQ: ZCAR), domesticated from the Cayman Islands to Delaware, and listed Zoomcar common stock and warrants under ZCAR and ZCARW, while IOACW warrants relate to the pre-merger structure amid the combined entity's ongoing operations in emerging market peer-to-peer car sharing in India, Indonesia, and Egypt.