Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 388

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1A
Chunk 388
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2025, we consummated the January/February Offering in which we issued shares and warrants
for $1,400,000 of gross proceeds. The amount of shares of Common Stock issued or issuable upon exercise or conversion of securities issued
in connection with a capital raise or an investment or acquisition could constitute a material portion of the then-outstanding shares
of the Common Stock. Any issuance of additional securities in connection with capital raising activities, investments or acquisitions
may result in additional dilution to our stockholders. 

Item 1B. Unresolved Staff Comments

None.

Item 1C. Cybersecurity

Cybersecurity attacks impact
businesses and organizations of all sizes and sectors on a global basis. At Zoomcar, we recognize the importance of developing, implementing
and maintaining a cybersecurity risk management program. Our customers rely on our solutions to store, use and protect their files, which
may include confidential or personally identifiable information, critical business information, photographs, and other meaningful content.
A successful cybersecurity attack could adversely affect the confidentiality, integrity, and availability of our information systems
or any data residing therein. We dedicate significant effort and resources to protect our systems and data, as well as the data of our
customers from cybersecurity threats. We are dependent on internal and external information technology systems and infrastructure to
securely process, transmit, and store critical information. Our Internal Security team is responsible for overseeing our cybersecurity.
We seek to reduce cybersecurity risks through a variety of cybersecurity risk management activities that are designed to identify, assess,
manage and mitigate cybersecurity threats.

57

Risk Management Strategy

The Company’s cybersecurity
risk management program is focused on the following key areas:

    ●
    Governance: The cybersecurity
risk management program is led by Mr. Mohit Kumar, Director DevSecOps, (Development, Security and Operations), and the policies therein
are reviewed from time to time by Mr. Vishal Ramrakhyani, our Head of Engineering (together both Mr. Mohit and Mr. Vishal comprise of
the “Internal Security Team”).

Our Board of Directors, through its Audit
    Committee, provide oversight of our cybersecurity risk management. The Audit Committee bi-annually reviews and receives updates from
    the management and the Internal Security Team, including briefings on recent developments, key initiatives to strengthen our systems,
    applicable industry standards, incident response preparedness, compliance with regulatory requirements, vulnerability assessments,
    third-party and independent reviews, and other information security considerations. Our