Company: SDAWW
Filing Date: 2025-02-06
Form Type: 424B5
Source: 0001213900-25-010989
Chunk: 49

Company: SunCar Technology Group Inc.
Filing Date: 2025-02-06
Form: 424B5
Chunk 49
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 year in which they hold Class A Ordinary Shares. Failure to report such information could result in substantial penalties. You should consult your own tax advisor regarding your obligation to file a Form 8938.

<div align='center'>S-21

UNDERWRITING</div>

BTIG, LLC is acting as the representative of the underwriters and book-running managers of this offering. Subject to the terms set forth in an underwriting agreement among us and the Company, each of the underwriters named below has severally agreed to purchase from us the respective number of Class A Ordinary Shares shown opposite its name below:

| Underwriters              |     | Number of Shares |           |
| BTIG, LLC                 |     |                  | 3,571,430 |
| Macquarie Capital Limited |     |                  | 1,785,714 |
| Oppenheimer & Co. Inc.    |     |                  | 1,785,714 |
| Total:                    |     |                  | 7,142,858 |

Certain of the underwriters are expected to make offers and sales both inside and outside the United States through their respective selling agents. Any offers or sales in the United States will be conducted by broker-dealers registered with the SEC. Macquarie Capital Limited will offer Class A Ordinary Shares in the United States or to US persons, if any, through its SEC-registered broker-dealer affiliate in the United States, Macquarie Capital (USA) Inc.

The underwriters will commit to take and pay for all of the Class A Ordinary Shares being offered, if any are taken, other than the Class A Ordinary Shares covered by the option described below unless and until this option is exercised. The underwriters have an option to buy up to an additional 1,071,429 Class A Ordinary Shares from us to cover sales by the underwriters of a greater number of Class A Ordinary Shares than the total number set forth in the table above. The underwriters may exercise that option for 30 days. If any Class A Ordinary Shares are purchased pursuant to this option, the underwriters will severally purchase Class A Ordinary Shares in approximately the same proportion as set forth in the table above.

The following table summarizes the underwriting discounts and commissions we will pay to the underwriters. These amounts are shown assuming both no exercise and full exercise of the underwriters’ option to purchase additional Class A Ordinary Shares. The underwriting fee is the difference between the initial price to the public and the amount the underwriters pay to us