Company: SDAWW
Filing Date: 2025-10-27
Form Type: 6-K
Source: 0001213900-25-102611
Chunk: 1

Company: SunCar Technology Group Inc.
Filing Date: 2025-10-27
Form: 6-K
Chunk 1
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   |     |      |         |   |
| Income tax paid                                                                                    |     | $                        |     535 |   |     | $    |     371 |   |
| Interest expense paid                                                                              |     | $                        |   1,872 |   |     | $    |   1,757 |   |
| Supplemental disclosures of non-cash flow information:                                             |     |                          |         |   |     |      |         |   |
| Obtaining right-of-use assets in exchange for operating lease liabilities                          |     | $                        |      88 |   |     | $    |      87 |   |
| Prepaid financing expense related to issuance of GEM Warrants                                      |     | $                        |   1,138 |   |     | $    |     534 |   |

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. F-5 SUNCAR TECHNOLOGY GROUP INC NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (In U.S. Dollar thousands, except share and per share data)

| 1. | ORGANIZATION             
 AND PRINCIPAL ACTIVITIES |

Auto Services Group Limited (“SunCar”) was incorporated under the laws of the British Virgin Islands (“BVI”) on September 19, 2012 and continued in the Cayman Islands in accordance with applicable laws.

On May 23, 2022, SunCar entered into the Agreement and Plan of Merger (“Merger Agreement”) with Goldenbridge Acquisition Limited (“Goldenbridge”), SunCar Technology Group Inc. (“SunCar Technology”, or the “Company”), and SunCar Technology Global Inc (the “Merger Sub”), a Cayman Islands exempted company and wholly owned subsidiary of SunCar Technology.

Pursuant to the Merger Agreement, at the closing of the transactions (the “Business Combination”, or the “Transaction”) contemplated by the Merger Agreement (the “Closing”), (i) Goldenbridge was merged with and into SunCar Technology, the separate corporate existence of Goldenbridge ceasing and SunCar Technology continuing as the surviving corporation; (ii) the Merger Sub was merged with and into SunCar, the Merger Sub ceasing and SunCar continuing as the surviving company.

The Company, through its wholly-owned subsidiaries (collectively, the “Group”) primarily engages in providing auto eInsurance service, technology service and auto service in the People’s Republic of China (“