Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 471

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 4
Chunk 471
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, it could result in significant disruptions to our operations, loss of management control, and
a substantial decrease in stockholder value. Furthermore, the outcomes of such proceedings are uncertain and could materially affect our
financial position and results of operations.

The Zoomcar Board and Zoomcar
management are evaluating options to improve liquidity and address Zoomcar’s long-term capital structure, however, there can
be no assurance that any such option or plan will be available on favorable terms, or at all.

73

We have issued a significant number of warrants
and exercise of these securities and the sale of the shares of Common Stock issuable thereunder (along with the issuance of any similar
securities in the future,) will dilute your percentage ownership interest and may also result in downward pressure on the price of our
Common Stock.  

As of August 13, 2025, we
have issued and outstanding options to purchase 16 shares of our Common Stock with a weighted average exercise price of $11,460,
pre-funded warrants to purchase 4,306,012 shares of Common Stock, warrants to purchase 19,416 shares of Common Stock with an exercise
price of $6,000 per share which were assumed by the Company in connection with the Business Combination, 11,500,000 Public Warrants to
purchase 5,750 shares of our Common Stock, each Public Warrant exercisable into one two-thousandth of one share of Common Stock at an
exercise price of $11,420.00 per full share, warrants to purchase 5,297 shares of Common Stock at a current exercise price of $56.64 per
share which were issued to the Placement Agent in June 2024, November Series A Warrants to purchase 996,939 shares of Common Stock at
a current exercise price of $16.12, November Series B Warrants to purchase up to 5,865 shares at an exercise price of $0.002 per share,
November 2024 Placement Agent warrants to purchase 53,447 shares at a current exercise price of $16.12 per share, November 2024 Placement
Agent Series A warrants to purchase 106,893 shares at a current exercise price of $16.12 per share.

As of August 13, 2025, we
also have issued and outstanding December 2024 Series A Warrants to purchase 55,631 shares of Common Stock at a current exercise price
of $6.24 per share, December