Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 30

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 30
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”), as defined in the Jumpstart Our Business Startups Act of 2012. We may remain an EGC until the
last day of the fiscal year following the fifth anniversary of the consummation of our IPO, although if the market value of our Common
Stock that is held by non-affiliates exceeds $700 million as of any June 30 before that time or if we have annual gross revenues of $1.235
billion or more in any fiscal year, we would cease to be an EGC as of December 31 of the applicable year. We also would cease to be an
EGC if we issue more than $1 billion of non-convertible debt over a three-year period. For so long as we remain an EGC, we are permitted
and intend to rely on exemptions from certain disclosure requirements that are applicable to other public companies that are not EGCs.
Accordingly, the information contained herein may be different than the information you receive from other public companies in which you
hold stock.

We are also a “smaller
reporting company,” as defined in Rule 12b-2 promulgated under the Exchange Act. We may continue to be a smaller reporting company
if either (1) the market value of our stock held by non-affiliates is less than $250 million or (2) our annual revenue was less than $100
million during the most recently completed fiscal year and the market value of our stock held by non-affiliates is less than $700 million.
If we are a smaller reporting company at the time we cease to be an emerging growth company, we may continue to rely on exemptions from
certain disclosure requirements that are available to smaller reporting companies. For so long as we remain a smaller reporting company,
we are permitted and intend to rely on exemptions from certain disclosure and other requirements that are applicable to other public companies
that are not smaller reporting companies.

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Risk Factors Summary Our business is subject to numerous risks and uncertainties, including those highlighted in the section entitled “ Risk Factors” immediately following this prospectus summary, that represent challenges that we face in connection with the successful implementation of our strategy and the growth of our business. In particular, the following considerations, among others, may offset our competitive strengths or have a negative effect on our business strategy, which could cause a decline in the price of shares of our Common Stock or Warrants and result in a loss of all or a portion of your investment: