Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 187

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 187
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 we are
subject to the reporting and corporate governance requirements of the Exchange Act, the listing requirements of listing requirements of
OTC Markets Group and other applicable securities rules and regulations, including the Sarbanes-Oxley Act and the Dodd-Frank Wall Street
Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”). Compliance with these rules and regulations will
increase our legal and financial compliance costs, make some activities more difficult, time-consuming, or costly and increase demand
on our systems and resources, particularly after we are no longer an “emerging growth company” as defined in the JOBS Act.
Among other things, the Exchange Act requires that we file annual, quarterly, and current reports with respect to our business and results
of operations and maintain effective disclosure controls and procedures and internal control over financial reporting. In order to improve
our disclosure controls and procedures and internal control over financial reporting to meet this standard, significant resources and
management oversight may be required. As a result, the management’s attention may be diverted from other business concerns, which
could harm our business, financial condition, results of operations and prospects. Although we have already hired additional personnel
to help comply with these requirements, we may need to further expand our legal and finance departments in the future, which will increase
our costs and expenses.

In addition, changing laws,
regulations and standards relating to corporate governance and public disclosure are creating uncertainty for public companies, increasing
legal and financial compliance costs, and making some activities more time-consuming. These laws, regulations and standards are subject
to varying interpretations, in many cases due to their lack of specificity, and, as a result, their application in practice may evolve
over time as new guidance is provided by regulatory and governing bodies. This could result in continuing uncertainty regarding compliance
matters and higher costs necessitated by ongoing revisions to disclosure and governance practices. We intend to invest resources to comply
with evolving laws, regulations and standards, and this investment may result in increased general and administrative expense and a diversion
of management’s time and attention from revenue-generating activities to compliance activities. If our efforts to comply with new
laws, regulations and standards differ from the activities intended by regulatory or governing bodies, regulatory authorities may initiate
legal proceedings against us, and our business and prospects may be harmed. As a result of disclosure of information in the filings required
of a public company and in this quarterly report, our business and financial condition will become more visible, which may result