Company: SDAWW
Filing Date: 2025-02-06
Form Type: 424B5
Source: 0001213900-25-010989
Chunk: 90

Company: SunCar Technology Group Inc.
Filing Date: 2025-02-06
Form: 424B5
Chunk 90
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 course of business. In addition, under the Companies Act no such share may be redeemed or repurchased (a) unless it is fully
paid up, (b) if such redemption or repurchase would result in there being no shares outstanding, or (c) if the company has commenced liquidation.
In addition, SunCar may accept the surrender of any fully paid share for no consideration.

Variations of Rights of Shares.If
at any time SunCar’s share capital is divided into different classes or series of shares, the rights attached to any class or series
of shares (unless otherwise provided by the terms of issue of the shares of that class or series), whether or not SunCar is being wound-up,
may be varied with the consent in writing of a majority the holders of the issued shares of that class or series or with the sanction
of an ordinary resolution at a separate meeting of the holders of the shares of the class or series. The rights conferred upon the holders
of the shares of any class issued shall not, unless otherwise expressly provided by the terms of issue of the shares of that class, be
deemed to be varied by the creation or issue of further shares ranking pari passu with such existing class of shares.

Inspection of Books and Records.Holders
of SunCar Ordinary Shares have no general right under Cayman Islands law to inspect or obtain copies of SunCar’s register of members
or its corporate records (other than the memorandum and articles of association, the register of mortgages and charges and any special
resolutions passed by shareholders). Under Cayman Islands law, the names of our current directors can be obtained from a search conducted
at the Registrar of Companies in the Cayman Islands. However, SunCar will provide its shareholders with annual audited financial statements.
See “Where You Can Find Additional Information.”

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Issuance of Additional Shares.SunCar’s
Memorandum and Articles of Association authorize its Board of Directors to issue additional Ordinary Shares from time to time as its Board
of Directors shall determine, to the extent of available authorized but unissued shares.

SunCar’s Memorandum and Articles of Association
also authorize its Board of Directors to establish from time to time one or more series of preferred shares and to determine, with respect
to any series of preferred shares, the terms and rights of that series, including:

| ● | the designation of the series;                                             |
| ● | the number of shares of the series;                                        |
| ● |