Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 353

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 8
Chunk 353
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daq ;

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    We are an Emerging Growth Company, making comparisons to non-Emerging Growth companies difficult or impossible;

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    Future sales of our securities may affect the market price of the Common Stock and result in material dilution, including triggering the most favored nation features of our Convertible Notes and the anti-dilution protection in the warrants issued in June 2024, November 2024 and at the First Closing. We are also in default of various outstanding debt obligations, including under the Notes issued to ACM, and may issue shares of Common Stock or other securities to satisfy those obligations in the future (in the case of ACM, subject to receipt of shareholder approval). The issuance of shares of Common Stock or other securities in the future will dilute your percentage ownership interest and may also result in downward pressure on the price of our Common Stock;.

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    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;

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    Future sales , or the perception of future sales, by us or our stockholders in the public market could cause the market price for the Common Stock to decline;

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    Uncertain global macro-economic and political conditions could materially adversely affect our results of operations and financial condition; and

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    Natural disasters, including and not limited to unusual weather conditions, epidemic outbreaks, terrorist acts and political events could disrupt our business schedule.

Risks related to our Business
and Operations

Our current business model’s limited
operating history and financial results make our future results, prospects, and the risks we may encounter difficult to predict. 

Although Zoomcar commenced
operating in 2013, we have recently transitioned from a prior business model to our current business model, consisting of our asset-light
online platform for peer-to-peer car 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