Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 369

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 8
Chunk 369
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1,00,00,000 (Rupees One crore) or ~USD 119,000. If insolvency proceedings
were initiated and the petition is admitted, it could result in significant disruptions to our operations, loss of management control,
and a substantial decrease in stockholder value. Furthermore, the outcomes of such proceedings are uncertain and could materially
affect our financial position and results of operations.

The Zoomcar Board and Zoomcar
management are evaluating options to improve liquidity and address Zoomcar’s long-term capital structure, however, there can
be no assurance that any such option or plan will be available on favorable terms, or at all.

We have issued a significant number of options
and warrants and exercise of these securities and the sale of the shares of Common Stock issuable thereunder (along with the issuance
of any similar securities in the future,) will dilute your percentage ownership interest and may also result in downward pressure on the
price of our Common Stock.

As of December 31, 2024,
we have issued and outstanding options to purchase 205 shares of our  Common Stock with a weighted average exercise price of $573,
pre-funded warrants to purchase 425,000 shares of Common Stock at an exercise price of $0.0001 per share, warrants to purchase  380,011
shares of Common Stock with an exercise price of $300 per share which were assumed by the Company in connection with the Business Combination,
11,500,000 Public Warrants to purchase 115,000 shares of our Common Stock, each Public Warrant exercisable into one hundredth of one share
of Common Stock at an exercise price of $571.00 per full share, warrants to purchase 1,394,062 shares of Common Stock at a current exercise
price of $2.832 per share which were issued in June 2024, warrants to purchase 105,934 shares of Common Stock at a current exercise price
of $2.832 per share which were issued to the Placement Agent in June 2024, November Series A Warrants to purchase 4,275,700 shares of
Common Stock at an initial exercise price of $4.03, November Series B Warrants to purchase up to maximum of 9,214,513 shares at an exercise
price of $0.0001 per share assuming a reset to the Floor Price of $0.806, November 2024 Placement Agent warrants to purchase 213,785 shares
at an initial exercise