Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 27

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 27
---
 sharing. As a result of this transition, certain components of our financial statements have experienced variation, and our operating history may not be indicative of our future growth or financial results. The limited history of our current business model makes predicting our future operating and other results difficult, if not impossible, and there is no assurance that we will be able to grow our revenues in future periods. Our results of operations are impacted by a number of factors, some of which are beyond our control, and we may suffer adverse impacts to our further development as a result of circumstances which include decreasing customer demand, increasing competition, declining growth of the car sharing industry in general, insufficient supply of vehicles on our platform, or changes in government policies or general economic conditions. We will continue to develop and improve the features, functions, technologies and other offerings on our platform to increase our Guest and Host bases and volume of bookings on our platform. However, the execution of our business plan is subject to uncertainty and bookings may not grow at the rate we expect. If our growth rates decline, investors’ perceptions of our business and prospects may be adversely affected and the market price of our Common Stock could decline. Existing and potential holders of our securities should also consider the risks and uncertainties that a company with a limited history, such as ours, will face in the evolving personal mobility solutions market. In particular, there can be no assurance that we will:

| ● | successfully execute on our business                                        
 plan, particularly in light of our current liquidity and capital resources; |

| ● | facilitate sufficient bookings to             
 become profitable in the near-term if at all; |

| ● | attract increasing numbers of Hosts                                           
 and Guests within our current market and future potential additional markets; |

| ● | increase penetration within our                                                                                       
 current markets through continued improvements in vehicle density, platform features and strategic marketing efforts; |

| ● | enable us to successfully execute 
 our business plans;               |

| ● | enhance our brand recognition and 
 awareness;                        |

| ● | acquire new Hosts and Guests by                                
 increasing our market penetration with deeper market coverage; |

14

| ● | develop new platform functionality                                
 and features that enhance our ability to retain Guests and Hosts; |

| ● | develop, improve or innovate our                                            
 proprietary technology that allows for a sustainable competitive advantage; |

| ● | attract, retain, and manage a sufficient         
 staff of management and technology personnel; or |

| ● | respond effectively to competitive 
 pressures.                         |

We have a history of operating losses and negative cash flow,