Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 645

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part II, Item 1A
Chunk 645
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, war, other hostilities, and other disruptive events on our business or that of our customers, partners, and supply chain or on the global economy; and

    ●
    our ability to comply with the continued listing requirements of Nasdaq and maintain our listing on Nasdaq.

In addition, the trading
price and trading volume of our Common Stock has very recently and at certain other times in the past exhibited, and may continue to exhibit,
extreme volatility, including within a single trading day. Such volatility could cause purchasers of our Common Stock to incur substantial
losses. For example, on November 5, 2024, the trading price of our Common Stock ranged from an intra-day high of $16.04 to an intra-day
low of $4.24, on trading volume of approximately 33.42 million shares, and on December 19, 2024, the trading price of our Common
Stock ranged from  an intra-day high of $6.20 to an intra-day low of $1.28, on trading volume of approximately 290 thousand
shares. With respect to certain such instances of trading volatility, we are not aware of any material changes in our financial condition
or results of operations that would explain such price volatility or trading volume, which we believe reflect market and trading dynamics
unrelated to our operating business or prospects and outside of our control. We are thus unable to predict when such instances of trading
volatility will occur or how long such dynamics may last. Under these circumstances, we would caution you against investing in our Common
Stock unless you are prepared to incur the risk of incurring substantial losses.

A proportion of our Common
Stock may be traded by short sellers, which may put pressure on the supply and demand for our Common Stock, creating further price volatility.
In particular, a possible “short squeeze” due to a sudden increase in demand of our Common Stock that largely exceeds supply
may lead to sudden extreme price volatility in our Common Stock. Investors may purchase our Common Stock to hedge existing exposure in
our Common Stock or to speculate on the price of our Common Stock. Speculation on the price of our Common Stock may involve long and short
exposures. To the extent aggregate short exposure exceeds the number of shares of Common Stock available for purchase in the open market,
investors with short exposure may have to pay a premium to repurchase our Common Stock for delivery to lenders of our Common Stock. Those
repurchases may in turn dramatically increase the price of