Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 311

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 311
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and could cause purchasers of our common shares to incur substantial losses.

Further, shareholders may
institute securities class action litigation following periods of market volatility. If we were involved in securities litigation, we
could incur substantial costs and our resources, and the attention of management could be diverted from our business.

Our issuance of additional capital stock
in connection with financing, acquisitions, investments, the Incentive Plan or otherwise will dilute all other stockholders.

We expect to issue additional
capital stock in the future that will result in dilution to all other stockholders. We expect to grant equity awards to employees, directors
and consultants under the Incentive Plan. We may also raise capital through equity financing in the future. As part of our business strategy,
we may acquire or make investments in complementary companies, products or technologies and issue equity securities to pay for any such
acquisition or investment. Any such issuances of additional capital stock may cause stockholders to experience significant dilution of
their ownership interests and the per share value of our Common Stock to decline.

If securities or industry analysts do not
publish or cease publishing research or reports about us, our business, or our market, or if they change their recommendations regarding
our securities adversely, the price and trading volume of our securities could decline.

The trading market for our
securities will be influenced by the research and reports that industry or securities analysts may publish about us, our business, markets,
revenue streams, and competitors. Securities and industry analysts do not currently, and may never, publish research on us. If no securities
or industry analysts commence coverage of us, our share price and trading volume would likely be negatively impacted. If any of the analysts
who may cover us adversely change their recommendation regarding our shares of Common Stock or provide relatively more favorable recommendations
with respect to competitors, the price of our shares of Common Stock would likely decline. If any analyst who may cover us were to cease
coverage of us or fail to regularly publish reports on us, we could lose visibility in the financial markets, which in turn could cause
our share price or trading volume to decline.  

We do not intend to pay cash dividends for
the foreseeable future.

We currently intend to retain
our future earnings, if any, to finance the further development and expansion of our business and do not intend to pay cash dividends
in the foreseeable future. Any future determination to pay dividends will be at the discretion of our Board and will depend on our financial
condition, results of