Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 33

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 33
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 Stock to trade below $1.00 per share and, again, be in violation of the Minimum Bid Rule, unless we are able to effect another reverse stock split of our shares of Common Stock, before it trades below $1.00 per share for 30 consecutive trading days. We intend to seek stockholder approval for a reverse stock split, although there can be no assurance that we would be able to obtain such stockholder approval or, even if we do, that we would be able to complete a reverse stock split and increase the trading price of our Common Stock above $1.00, before we receive notice from Nasdaq of noncompliance with the Minimum Bid Rule. Finally, even if we are able to regain compliance for continued listing on the Nasdaq Capital Market, because of the highly dilutive nature of this offering and the high risk of our Common Stock falling back into noncompliance with the continuing listing standards of the Nasdaq Capital Market, Nasdaq may still delist our Common Stock and Public Warrants for public interest concerns. 14 Investors who invest in this offering should do so with the assumption that our Common Stock and Public Warrants will be delisted from trading on Nasdaq on or around May 5, 2025. In the event that our Common Stock is delisted, it would be quoted on the OTC Markets, thereafter, would likely become subject to the “penny stock” rules, and it could become very difficult for investors to sell their shares of Common Stock and the value of Series A Warrants would be substantially reduced or even become worthless. If Nasdaq delists our securities from trading on its exchange for failure to meet its listing standards, and we are not able to list such securities on another national securities exchange, then our Common Stock could be quoted on an over-the-counter market. If this were to occur, we and our stockholders could face significant material adverse consequences, including:

| ● | a limited availability of market quotations for our securities; |

| ● | reduced liquidity for our securities; |

| ● | a determination that the Common Stock is a “penny stock,”                                                                               
 which will require brokers trading the Common Stock to adhere to more stringent rules, possibly resulting in a reduced level of trading 
 activity in the secondary trading market for shares of Common Stock;                                                                    |

| ● | a limited amount of news and analyst coverage; and |

| ● | a decreased ability for us to issue additional securities or obtain 
 additional financing in the future.                                 |

See “Risk Factors –