Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 140

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 140
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 million and net proceeds of $1.25 million after deduction of offering expenses amounting to $0.2 million. Our future capital requirements will depend on many factors, including, but not limited to, our growth, our ability to attract and retain Hosts and Guests, and the scope of future sales and marketing activities. The Company expects to continue to incur net losses and have significant cash outflows from operating activities for at least the next 12 months. Management has evaluated the significance of the conditions described above in relation to the Company’s ability to meet its obligations and concluded that based on multiple rounds of funding raised by the Company as detailed above under the section titled as “Private Placement of Equity and Warrants”, while this financing resulted in the payment of certain outstanding indebtedness, the Company will still need to raise additional capital imminently in order to have sufficient capital. The Company believes that current cash and cash equivalents will allow the Company to continue operations through December 31, 2025, assuming that the Company makes no further payments on its currently outstanding indebtedness and only pays current operating accruals. The Company was advised by its largest investor and director that he would no longer commit to continuing his support to the Company in the event that any liquidity requirements arise in the future. There can be no assurance that the Company will be able to achieve its business plan, raise any additional capital or secure the additional financing necessary to implement its current operating plan. The ability of the Company to continue as a going concern is dependent upon its ability to increase its revenues and eventually achieve profitable operations. No adjustments have been made to the financial statements based on this uncertainty. 79 The following table summarizes our cash flows for the periods presented:

|                                                          | Statements of Cash Flows Data: | Nine Months ended Dec 31, |       2024 |   |     |   |       2023 |   |
|:---------------------------------------------------------|:-------------------------------|:--------------------------|-----------:|:--|:----|:--|-----------:|:--|
| Net cash used in provided by operating activities        |                                | $                         | (5,043,721 | ) |     | $ | (8,542,144 | ) |
| Net cash flows generated from investing activities       |                                |                           |    463,556 |   |     |   |    (62,010 | ) |
| Net cash generated from financing activities             |                                |                           |  7,698,030 |   |     |