Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 31

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 31
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Unless otherwise indicated, this prospectus assumes the following:

| ● | no exercise by the underwriter of its option to purchase up to 552,825 additional 
 shares of Common Stock to cover over-allotments, if any; and                      |

| ● | no issuance of Pre-Funded Warrants. |

13 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 Common Stock 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 occurs. Certain statements in “Risk Factors” are forward-looking statements. See “Cautionary Note Regarding Forward-Looking Statements.” Risks related to our Continued Listing on Nasdaq and our Financial Condition Even if we close this offering it is almost certain that our Common Stock and Public Warrants will be delisted from trading on Nasdaq. Our continued eligibility to maintain the listing of our Common Stock and Public Warrants on Nasdaq depends on a number of factors, including the price of our Common Stock and Public Warrants and the number of persons that hold our Common Stock and Public Warrants. Our Common Stock and Public Warrants are traded on the Nasdaq Global Market. Since May 2024, we have been noncompliant with one or more of the continuing listing standards for the Nasdaq Global Market and have faced potential delisting of our securities from trading on the Nasdaq Global Market. This noncompliance has included, at one time or another, during this period, compliance with (i) Nasdaq Listing Rule 5450(b)(2)(A) as it relates to the requirement to maintain a minimum market value of listed securities of $50,000,000 (“MVLS”), (ii) Nasdaq Listing Rule 5450(a)(1) as it relates to the requirement to maintain a minimum bid price of $1.00 per share (the “Minimum Bid Rule”),