The Bangalore-based car-sharing marketplace flagged going-concern doubts alongside its push to move shares off the OTC.

May 27, 2026

Zoomcar Holdings, the Bangalore-based peer-to-peer car-sharing marketplace, has rolled out a refreshed investor presentation that the company plans to use in upcoming meetings with investors, analysts and other interested parties, according to a disclosure submitted to the Securities and Exchange Commission on May 26, 2026.

The materials, dated May 19, 2026, were furnished as Exhibit 99.1 under Regulation FD, a framework that allows companies to share market-relevant information broadly without subjecting the contents to the heightened liability standards that apply to formally filed documents.

Strategic priorities on the road ahead

While the presentation itself was attached separately, the cover report outlined the themes the company expects to emphasize in upcoming investor conversations:

• Overall business strategy and growth initiatives
• Expected operating and financial performance
• Ongoing debt restructuring
• Capital-raising activities
• Plans to move the company’s shares from the OTC Markets to a national securities exchange

Going-concern doubts loom large

The cautionary language accompanying the disclosure pointed to significant uncertainties facing the business. Chief among them is the company’s stated need to continue operating as a going concern, a designation typically applied when an enterprise faces material doubts about its ability to meet obligations without additional financing or restructuring.

Zoomcar acknowledged challenges around servicing its outstanding debt and raising fresh capital on acceptable terms, and emphasized that there is no guarantee either effort will succeed.

A marketplace concentrated in emerging markets

The company’s business model also carries unique exposures. Zoomcar operates a platform that connects vehicle owners, referred to as hosts, with renters, referred to as guests. Its operations are heavily concentrated in India and other emerging markets, leaving the firm sensitive to regional regulatory shifts, macroeconomic swings and consumer-demand fluctuations. Management additionally flagged risks tied to cybersecurity, data privacy, insurance coverage and the broader regulatory environment.

Public-market profile in transition

Zoomcar is classified as an emerging growth company and is incorporated in Delaware. Its securities are currently quoted on the OTC Markets, and the planned uplisting to a national exchange would mark a meaningful shift in the company’s public-market profile if completed.