Company: ZCARW
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-041769
Chunk: 40

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-12
Form: S-1/A
Chunk 40
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 all. Any failure to raise needed funds on terms favorable to us, or at all, will severely restrict our liquidity as well as have a material adverse effect on our business, financial condition and results of operations. In addition, any issuance of equity or equity-linked securities could result in significant dilution to our existing shareholders. Additionally, fundraising efforts may divert our management from its day-to-day duties and activities, which may affect our ability to execute our business plan. If we do not raise additional capital imminently to continue operations in the short term or otherwise when required or in sufficient amounts and on acceptable terms, we may need to:

| ● | significantly delay, scale back or discontinue certain business initiatives, such as our international expansion; |

| ● | significantly delay key investments in IoT, advanced computer vision, machine learning and related artificial intelligence technology; or |

| ● | significantly delay our consumer brand-building initiatives, thereby delaying our broader expansion. |

Our future funding requirements, both short-term and long-term, depend on many factors, including but not limited to:

| ● | our ability to successfully scale our business within the market in which we currently operate, including by increasing the number and quality of Host vehicles and attracting and retaining more Guests to use our platform to meet a broader variety of mobility needs; |

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| ● | our ability to successfully expand into additional emerging markets as opportunities to grow our operations become available to us; |

| ● | the pace of technological development in core focus areas such as IoT, computer vision, machine learning, and artificial intelligence; |

| ● | the cost to establish, maintain, expand and defend the scope of our intellectual property portfolio, including the amount and timing of any payments we may be required to make in preparing, filing, prosecution, defense and enforcement of any intellectual property rights; |

| ● | the effect of competing technological and market developments; and |

| ● | market acceptance of our platform and the functionality it provides to facilitate peer-to-peer car sharing. |

If lack of available capital prevents us from proceeding with the execution of our business plan, our ability to become profitable will be compromised and our business will be materially affected. Future sales of our securities may affect the market price of the Common Stock and result in material dilution, including the anti-dilution protection in the warrants issued in June 2024, November 2024, December 2024, February 2025 and March 2025. We are also in default of various outstanding debt obligations, including under the Notes issued to