Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 100

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 100
---
 operations to service our debt, thereby reducing the amount of our cash flow available for other
    purposes, including capital expenditures, dividends to stockholders or to pursue future business opportunities;

    ●
    requiring us to sell debt
    or equity securities or to sell some of our core assets, possibly on unfavorable terms, to meet payment obligations;

    ●
    limiting our flexibility
    in planning for, or reacting to, changes in our business and the industries in which we compete; and

    ●
    placing us at a possible
    competitive disadvantage with less leveraged competitors and competitors that may have better access to capital resources.

Any of the foregoing factors
could have negative consequences on our financial condition and results of operations.

Zoomcar has limited operating history as
a publicly traded company, and its historical financial information is not necessarily representative of the results we would have achieved
as a publicly traded company and may not be a reliable indicator of its future results. 

The historical financial
information included in this annual report from Zoomcar’s operation as a private company prior to the Business Combination does
not necessarily reflect the results of operations and financial position we would have achieved as a publicly traded company during the
periods presented, or those that we will achieve in the future. This is primarily because of the following factors:

    ●
    Prior to the Business Combination,
    we operated as a private company. Our historical financial information reflects allocations of corporate expenses as a private company.
    These allocations may not reflect the costs we will incur for similar services in the future as a publicly traded company.

    ●
    Our historical financial
    information does not reflect changes that we expect to experience in the future as a result of becoming a publicly traded company,
    including changes in the financing, insurance, cash management, operations, cost structure and personnel needs of our business. As
    a publicly traded entity, we may be unable to purchase goods, services and technologies, such as insurance and health care benefits
    and computer software licenses, or access capital markets, on terms as favorable to us as those we obtained as a private company
    prior to the Business Combination, and our results of operations may be adversely affected.

We also face additional
costs and demands on management’s time associated with being a publicly traded company, including costs and demands related to
corporate governance, investor and public relations and public reporting. Stockholder activism, the current political and social environment
and the current high level of government intervention and regulatory reform may