Company: SDAWW
Filing Date: 2025-02-06
Form Type: 424B5
Source: 0001213900-25-010989
Chunk: 50

Company: SunCar Technology Group Inc.
Filing Date: 2025-02-06
Form: 424B5
Chunk 50
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 for the Class A Ordinary Shares.

|           |     | No Exercise |           |     | Full Exercise |           |
|:----------|:----|:------------|----------:|:----|:--------------|----------:|
| Per Share |     | $           |      0.42 |     | $             |      0.42 |
| Total     |     | $           | 3,000,000 |     | $             | 3,450,000 |

The representative has advised us that the underwriters propose to offer the Class A Ordinary Shares directly to the public at the offering price on the cover of this prospectus supplement and to selected dealers, which may include the underwriters, at such offering price less a selling concession not in excess of $0.2520 per share. If all the Class A Ordinary Shares are not sold at the initial offering price following the initial offering, the representative may change the offering price and other selling terms.

The Company and each of the Company’s officers and directors and certain shareholders (the “Lock-up Parties”) have agreed or will agree with the underwriters, subject to certain exceptions, not to (1) offer for sale, pledge, assign, encumber, announce the intention to sell, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise dispose of (or enter into any transaction or device that is designed to, or would be expected to, result in the disposition by any person at any time in the future of) any Class A Ordinary Shares (including, without limitation, Class A Ordinary Shares that may be deemed to be beneficially owned by the Lock-up Parties in accordance with the rules and regulations of the SEC and Class A Ordinary Shares that may be issued upon exercise of any options or warrants) or securities convertible into (for the avoidance of doubt, including Class B ordinary shares of the Company) or exercisable or exchangeable for Class A Ordinary Shares, (2) enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of Class A Ordinary Shares, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Class A Ordinary Shares or other securities, in cash or otherwise, (3) make any demand for or exercise any right or cause to be publicly filed a registration statement, including any amendments thereto,