Company: ZCARW
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-041769
Chunk: 29

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-12
Form: S-1/A
Chunk 29
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 no minimum required for the offering to close, investors in this offering will not receive a refund in the event that we 
 do not sell an amount of securities sufficient to pursue the business goals outlined in this prospectus.                          |

| ● | Our current                                                                                                                          
 indebtedness (which includes vendor payables), and to the extent we incur indebtedness and additional payables in the future, our    
 future indebtedness could adversely affect our financial condition, our ability to raise additional capital to fund our operations,  
 our ability to operate our business, our ability to react to changes in the economy or our industry and our ability to pay our debts 
 and could divert our cash flow from operations for debt payments.                                                                    |

| ● | We require                                                                                                                        
 additional capital to support our operations and will require additional capital to support the growth of our business, which may 
 not be available on terms acceptable to us, or at all;                                                                            |

| ● | In addition to our defaults under current indebtedness described elsewhere here, certain of our debt financing arrangements are currently in default and we have delayed certain other payments to lenders, which may restrict our current and future 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. |

| ● | We have a history of operating losses and negative cash flow, we have limited cash resources, we will need to raise additional funds imminently to finance operations and as a result there is substantial doubt about our ability to continue as a going concern. |

| ● | Our operating and financial forecasts are subject to various known and unknown contingencies and factors outside of our control and may not prove accurate, and we may not achieve results consistent with management’s expectations; |

| ● | The market for online platforms for peer-to-peer car sharing is relatively new and rapidly evolving. If we fail to successfully adapt to developments in our market, or if peer-to-peer car sharing online platforms do not achieve general acceptance, it could adversely affect our business, financial condition and operating results. |

| ● | Our success depends upon our ability to maintain favorable customer reviews and ratings, and if our reputation suffers, our business, financial condition and operating results may be adversely affected.                                                                    |
| ● | The founder and former CEO of the Company has initiated a civil complaint against the Company contesting the reasons for his termination and has raised certain other claims with regards to his ownership of the Company and compensation for termination of his employment.