Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 929

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 2
Chunk 929
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2025, with the Company’s opposition due by January 14, 2025 and plaintiff’s reply by January 23, 2025. The Company has filed
its opposition on January 14, 2025. On January 23, 2025, the attorneys for ACM sent a letter to the New York County Supreme Court Justice
requesting a stay or adjournment for 30 days for the completion of settlement paperwork, in connection with a settlement in principle
by the parties.

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Item 1A. Risk Factors

An investment in our securities
involves a high degree of risk. You should carefully consider the risks described below before making an investment decision. Our business,
prospects, financial condition, or operating results could be harmed by any of these risks, as well as other risks not currently known
to us or that we currently consider immaterial. The trading price of our securities could decline due to any of these risks, and, as a
result, you may lose all or part of your investment.

In the course of conducting
our business operations, we are exposed to a variety of risks. Any of the risk factors we describe below have affected or could materially
adversely affect our business, financial condition, and results of operations. The market price of our securities could decline, possibly
significantly or permanently, if one or more of these risks and uncertainties occur. Certain statements in “Risk Factors”
are forward-looking statements. See “Special Note Regarding Forward-Looking Statements.”

Risk Factors Summary

Our business is subject to
numerous risks and uncertainties, including those highlighted in the section entitled “Risk Factors” immediately following
this risk factors summary, which 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 Public Warrants and
result in a loss of all or a portion of your investment:

    ●
    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