Company: SDAWW
Filing Date: 2025-02-06
Form Type: 424B5
Source: 0001213900-25-010989
Chunk: 13

Company: SunCar Technology Group Inc.
Filing Date: 2025-02-06
Form: 424B5
Chunk 13
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 depend on relationships with customers; |

| ● | the Company relies on our auto service providers and external referral sources to operate its business, therefore relationships with its service providers are crucial to its business;                                     |
| ● | misconduct of the external referral sources the Company engaged to promote our auto eInsurance services is difficult to detect and deter and could harm our reputation or lead to regulatory sanctions or litigation costs; |

| ● | the Company is subject to customer concentration risk; |

| ● | the Company is subject to credit risks from its customers; |

| ● | the Company’s negative net operating cash flows in the past may expose it to certain liquidity risks and could constrain operational flexibility; |

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| ● | the Company’s ability to use certain of                                                                                                                                                         
 its leased properties due to defects related to these properties;                                                                                                                               |
| ● | the Company’s ability to protect its intellectual                                                                                                                                               
 property rights and proprietary information;                                                                                                                                                    |
| ● | the Company is subject to regulation and administration                                                                                                                                         
 by the China Banking and Insurance Regulatory Commission and other government authorities, and failure to comply with any applicable regulations                                                
 and rules by us could result in financial losses or harm to our business;                                                                                                                       |
| ● | changes in government policies and regulations;                                                                                                                                                 |
| ● | the insurance business is historically cyclical                                                                                                                                                 
 in nature, and there may be periods with excess underwriting capacity and unfavorable premium rates;                                                                                            |
| ● | any significant disruption in services on the Company’s apps, websites or computer systems; and any significant disruption in services on the Company’s apps, websites or computer systems; and |

| ● | other matters described under “Item 3.D.-Risk Factors” in our most recent Annual Report on Form 20-F, incorporated herein by reference. |

You should refer to the section titled “Risk
Factors” of this prospectus supplement and in our other filings with the SEC for a discussion of important factors that may cause
our actual results to differ materially from those expressed or implied by our forward-looking statements. As a result of these factors,
we cannot assure that the forward-looking statements in this prospectus supplement, the accompanying prospectus or the documents we have
filed with the SEC that are incorporated by reference will prove to be accurate. Furthermore, if our forward-looking statements prove
to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, these
statements should not be regarded as representations or warranties by us