Company: EZOO
Filing Date: 2025-05-15
Form Type: 10-K
Source: 0001641172-25-010460
Chunk: 560

Company: Ezagoo Ltd
Filing Date: 2025-05-15
Form: 10-K
Item: Item 1A
Chunk 560
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 may be materially and adversely affected as a result of the deteriorating market outlook, the slowdown in regional
and national economic growth, weakened liquidity and financial condition of our customers or other factors that we cannot foresee. Any
of these factors and other factors beyond our control could have an adverse effect on the overall business environment, cause uncertainties
in the regions where we conduct business, and could materially and adversely impact our business, financial condition and results of operations.

The COVID-19 outbreak has resulted in, and a significant outbreak of other infectious diseases could result in, a widespread health
crisis that could materially and adversely affect the economies and financial markets worldwide, and the operations and financial
position of any potential target business with which we consummate a business combination could be materially and adversely
affected. The extent to which COVID-19 impacts our search for business combinations will depend on future developments, which are
highly uncertain and cannot be predicted, including new information which may emerge concerning the severity of COVID-19 and the
actions to contain COVID-19 or treat its impact, among others. If the disruptions posed by COVID-19 or other matters of global
concern continue for an extensive period of time, our ability to consummate a business combination, or the operations of a target
business with which we ultimately consummate a business combination, may be materially adversely affected.

5

In
addition, our ability to consummate a business combination may be dependent on the ability to raise equity and debt financing which may
be impacted by COVID-19 and other events, including as a result of increased market volatility, decreased market liquidity and third-party
financing being unavailable on terms acceptable to us or at all.

COVID-19
could negatively affect our internal controls over financial reporting as a portion of our workforce is required to work from home and
therefore new processes, procedures, and controls could be required to respond to changes in our business environment. Further, should
any key employees become ill from COVID-19 and unable to work, the attention of the management team and resources could be diverted.

The
potential effects of COVID-19 could also heighten the risks we face related to each of the risk factors disclosed below. As COVID-19
and its impacts are unprecedented and continuously evolving, the potential impacts to these risk factors remain uncertain. As a result,
COVID-19 may also materially adversely affect our operating and financial results in a manner that is not currently known to us or that
we do not currently consider may present significant risks