Company: SDAWW
Filing Date: 2025-02-06
Form Type: 424B5
Source: 0001213900-25-010989
Chunk: 102

Company: SunCar Technology Group Inc.
Filing Date: 2025-02-06
Form: 424B5
Chunk 102
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 persons
pursuant to which such underwriters or other persons would purchase any offered securities remaining unsubscribed for after such rights
offering. Each series of rights will be issued under a separate rights agent agreement to be entered into between SunCar and a bank or
trust company, as rights agent, that SunCar will name in the applicable prospectus supplement. The rights agent will act solely as SunCar’s
agent in connection with the rights and will not assume any obligation or relationship of agency or trust for or with any holders of rights
certificates or beneficial owners of rights.

The prospectus supplement relating to any rights
that SunCar offers will describe specific terms relating to the offering, including, among other matters:

| ● | the title of the rights; |

| ● | the date of determining the securityholders entitled to the 
 rights distribution;                                        |

| ● | the securities for which the rights are exercisable; |

| ● | the aggregate number of rights issued and the aggregate number                                                                              
 of shares of Ordinary Shares or preferred shares, or aggregate principal amount of debt securities purchasable upon exercise of the rights; |

| ● | the exercise price; |

| ● | the date on which the right to exercise the rights will commence 
 and the date on which the rights will expire;                    |

| ● | the extent to which the rights include an over-subscription 
 privilege with respect to unsubscribed securities;          |

| ● | if applicable, a discussion of the material Cayman Islands                                                
 or United States federal income tax considerations applicable to the issuance or exercise of such rights; |

| ● | if applicable, the material terms of any standby underwriting                                        
 or other purchase arrangement that SunCar may enter into in connection with the rights offering; and |

| ● | the material terms of the rights, including terms, transferability,                                                              
 conditions to completion of the rights offering, procedures and limitation relating to the exchange and exercise of such rights. |

Each right would entitle the holder of the rights
to purchase for cash the principal amount of shares of Ordinary Shares, preferred shares or debt securities at the exercise price set
forth in the applicable prospectus supplement. Rights may be exercised at any time up to the close of business on the expiration date
for the rights provided in the applicable prospectus supplement. After the close of business on the expiration date, all unexercised rights
will become void.

If less than all of the rights issued in any rights
offering are exercised, SunCar may offer