Company: ZCARW
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-041769
Chunk: 95

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-12
Form: S-1/A
Chunk 95
---
 on, or other amounts due with respect to our indebtedness. Our leverage and debt service obligations could adversely impact our business, including by:

| ● | impairing our ability to generate cash sufficient to pay interest or principal, including periodic principal payments; |

| ● | increasing our vulnerability to general adverse economic and industry conditions; |

| ● | requiring the dedication of a portion of our cash flow from operations to service our debt, thereby reducing the amount of our cash flow available for other purposes, including capital expenditures, dividends to stockholders or to pursue future business opportunities; |

| ● | requiring us to sell debt or equity securities, possibly on unfavorable terms, to meet payment obligations; |

| ● | limiting our flexibility in planning for, or reacting to, changes in our business and the industries in which we compete; and |

| ● | placing us at a possible competitive disadvantage with less leveraged competitors and competitors that may have better access to capital resources. |

Any of the foregoing factors could have negative consequences on our financial condition and results of operations. 49 Zoomcar has limited operating history as a publicly traded company, and its historical financial information prior to completion of the Business Combination is not necessarily representative of the results we would have achieved as a publicly traded company and may not be a reliable indicator of its future results. The historical financial information included in Zoomcar’s public filings relating to its operation as a private company prior to the Business Combination does not necessarily reflect the results of operations and financial position we would have achieved as a publicly traded company during the periods presented, or those that we will achieve in the future. This is primarily because of the following factors:

| ● | Prior to the Business Combination, we operated as a private company. Our historical financial information reflects allocations of corporate expenses as a private company. These allocations may not reflect the costs we will incur for similar services in the future as a publicly traded company. |

| ● | Our historical financial information does not reflect changes that we expect to experience in the future as a result of becoming a publicly traded company, including changes in the financing, insurance, cash management, operations, cost structure and personnel needs of our business. As a publicly traded entity, we may be unable to purchase goods, services and technologies, such as insurance and health care benefits and computer software licenses, or access capital markets, on terms as favorable to us as those we obtained as a private company prior to the Business Combination, and our results of operations may be adversely affected. |

We also face additional costs and demands on management