Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 329

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1A
Chunk 329
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 default is INR 1,00,00,000 (Rupees One crore) or ~USD 119,000. If insolvency proceedings
were initiated and the petition is admitted, 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.

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 June 27, 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 2,461,911 shares
of Common Stock, warrants to purchase 18,979 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 June 27, 2025, we also
have issued and outstanding