Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 118

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 118
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Cs is limited to being a facilitator of such transaction and the obligations
for liabilities arising out of listing and/or use of the vehicle booked through the platform is on the Guests and the Hosts. The use
of the Zoomcar platform and sharing of vehicle through the platform is undertaken by the Host and Guests entirely at their own risk.
Zoomcar’s liability is further capped under the T&Cs at approximately $120 (across all jurisdictions) for any claims arising
out of the use of Zoomcar platform. However, Zoomcar, as part of the facilitation services to Hosts and Guests, also provides for trip-based
vehicle protection whereby Zoomcar collects and pools the “value-add” damage coverage fee to be applied to the costs of repairs
or other damage or loss of vehicle in the event a Host vehicle is involved in an incident, such as an accident, during a trip and this
value-add trip protection fee pool may not always help set off the damage claims. Therefore, Zoomcar often remains at a risk of residual
claims that it may have to absorb in absence of a third-party insurance. See the section titled “Risk Factors - Insurance Risks
Related to Our Business,” as our business is subject to certain risks in absence of third-party insurance cover that could
have a material impact on our business.

Item 4. Mine Safety Disclosures

Not applicable.

62

Part II

Item 5. Market for Registrant’s Common Equity, Related Stockholder
Matters and Issuer Purchases of Equity Securities

Market information

Our Common Stock was listed on the Nasdaq Global Market until May 06,
2025, and our Public Warrants were also listed on the Nasdaq Global Market until May 06, 2025. From May 08, 2025, until the date of this
Report, our Common Stock has been quoted on the OTCQX (OTC Markets Group Inc.) under the symbol “ZCAR.” From May 08, 2025,
until June 8, 2025 our Public Warrants have been quoted on the OTCQB under the symbol “ZCARW.” From June 9, 2025, until the
date of this Report, our Public Warrants have been quoted on the Pink Markets (OTC Markets Group Inc.) under the symbol “ZCARW.”

Market Information:

The range of high and low
bid prices for our Common Stock and Public Warrants, since May 08, 2025, the