Company: SDAWW
Filing Date: 2025-02-06
Form Type: 424B5
Source: 0001213900-25-010989
Chunk: 97

Company: SunCar Technology Group Inc.
Filing Date: 2025-02-06
Form: 424B5
Chunk 97
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ed company may obtain                                                                                                         
 an undertaking against the imposition of any future taxation (such undertakings are usually given for 30 years in the first instance); |

| ● | an exempted company may register                                                          
 by way of continuation in another jurisdiction and be deregistered in the Cayman Islands; |

| ● | an exempted company may register   
 as a limited duration company; and |

| ● | an exempted company may register   
 as a segregated portfolio company. |

“Limited liability” means that the
liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances,
such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which
a court may be prepared to pierce or lift the corporate veil).

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D escription of Preferred Shares</div>

The particular terms of each issue or series of preferred shares will be described in the applicable prospectus supplement. This description will include, where applicable, a description of:

| ● | the                                          
 title and par value of the preferred shares; |

| ● | the                                            
 number of preferred shares SunCar is offering; |

| ● | the                                                  
 liquidation preference per preference share, if any; |

| ● | the                                                                                                                 
 issue price per preferred share (or if applicable, the calculation formula of the issue price per preferred share); |

| ● | whether                                                                   
 preferential subscription rights will be issued to existing shareholders; |

| ● | the                                                                                                           
 dividend rate per preferred share, dividend period and payment dates and method of calculation for dividends; |

| ● | whether                                                                                                           
 dividends will be cumulative or non-cumulative and, if cumulative, the date from which dividends will accumulate; |

| ● | SunCar’s                                                                                         
 right, if any, to defer payment of dividends and the maximum length of any such deferral period; |

| ● | the                                                                                                                                         
 relative ranking and preferences of the preferred shares as to dividend rights (preferred dividend if any) and rights if SunCar liquidates, 
 dissolves or winds up;                                                                                                                      |

| ● | the                                                 
 procedures for any auction and remarketing, if any; |

| ● | the                                                                                                                               
 provisions for redemption or repurchase, if applicable, and any restrictions on SunCar’s ability to exercise those redemption and 
 repurchase rights;                                                                                                                |

| ● | any                                                                   
 listing of the preferred shares on any securities