SunCar Technology Group Inc. Files 6-K Report

TL;DR

Suncar Tech (SNT) filed a 6-K for Q2 2025, confirming 20-F filing. Standard update.

AI Summary

SunCar Technology Group Inc. filed a Form 6-K on October 27, 2025, reporting for the period ending June 30, 2025. The filing is a report of a foreign private issuer and indicates the company will file its annual reports under Form 20-F. The company's principal executive office is located in Shanghai, China.

Why It Matters

This filing provides an update on SunCar Technology Group Inc.'s reporting status as a foreign private issuer, which is important for investors tracking the company's regulatory compliance and financial disclosures.

Risk Assessment

Risk Level: low — This is a routine filing for a foreign private issuer and does not contain significant new financial information or strategic changes.

Key Players & Entities

• SunCar Technology Group Inc. (company) — Registrant
• October 27, 2025 (date) — Filing Date
• June 30, 2025 (date) — Reporting Period End Date
• Form 6-K (document) — Filing Type
• Form 20-F (document) — Annual Report Filing Type
• Shanghai (location) — Principal Executive Office Location

FAQ

Filing Documents

• ea0262568-6k_suncar.htm (6-K) — 1006KB
• 0001213900-25-102611.txt ( ) — 6632KB
• sda-20250630.xsd (EX-101.SCH) — 70KB
• sda-20250630_cal.xml (EX-101.CAL) — 66KB
• sda-20250630_def.xml (EX-101.DEF) — 318KB
• sda-20250630_lab.xml (EX-101.LAB) — 610KB
• sda-20250630_pre.xml (EX-101.PRE) — 353KB
• ea0262568-6k_suncar_htm.xml (XML) — 850KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of October 2025 Commission File Number: 001-41706 SunCar Technology Group Inc. (Translation of registrant's name into English) c/o Shanghai Feiyou Trading Co., Ltd. Suite 209, No. 656 Lingshi Road Jing'an District, Shanghai, 200072 People's Republic of China Tel: (86) 138-1779-6110 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F SunCar Technology Group Inc. (the "Company") furnishes under the cover of Form 6-K the following: SUNCAR TECHNOLOGY GROUP INC INDEX TO CONSOLIDATED FINANCIAL STATEMENTS CONTENTS PAGE(S) CONDENSED CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 2024 AND JUNE 30, 2025 (UNAUDITED) F-2 UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2025 F-3 UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2025 F-4 UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2025 F-5 NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS F-6 F-1 SUNCAR TECHNOLOGY GROUP INC CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (In U.S. Dollar thousands, except for share and per share data, or otherwise noted) As of December 31, 2024 As of June 30, 2025 ASSETS Current assets Cash $ 26,865 $ 24,305 Restricted cash 2,647 2,697 Short-term investments 20,985 21,396 Accounts receivable, net 75,605 97,616 Prepaid expenses and other current assets, net 70,171 77,363 Total current assets 196,273 223,377 Non-current assets Long-term investment 274 279 Property, software and equipment, net 27,664 25,604 Deferred tax assets, net 10,453 11,258 Other non-current assets 11,458 16,652 Operating lease right-of-use assets 606 359 Total non-current assets 50,455 54,152 TOTAL ASSETS $ 246,728 $ 277,529 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities Short-term loan $ 83,597 $ 83,059 Accounts payable 56,812 76,506 Deferred revenue 2,421 2,142 Tax payable 1,361 1,913 Accrued expenses and other current liabilities 5,792 6,672 Amount due to related parties, current 6,238 6,524 Operating lease liability, current 544 258 Total current liabilities 156,765 177,074 Non-current liabilities Operating lease liability, non-current 21 32 Amount due to a related party, non-current 22,761 13,330 Warrant liabilities 947 947 Total non-current liabilities 23,729 14,309 Total liabilities $ 180,494 $ 191,383 Commitments and contingencies (Note 17) Shareholders' equity Class A Ordinary shares (par value of US$ 0.0001 per share; 400,000,000 Class A Ordinary shares authorized as of December 31, 2024 and June 30, 2025, respectively; 51,845,493 and 51,645,493 Class A Ordinary shares issued and outstanding as of December 31, 2024, respectively; 59,208,351 and 55,569,794 Class A Ordinary shares issued and outstanding as of June 30, 2025, respectively) $ 5 $ 6 Class B Ordinary shares (par value of US$ 0.0001 per share; 100,000,000 Class B December 31, 2024 and June 30, 2025, respectively; 46,659,565 and 46,439,565 Class B Ordinary shares issued and outstanding as of December 31, 2024 and June 30, 2025, respectively) 5 5 Additional paid in capital 208,701 233,650 Accumulated deficit ( 195,387 ) ( 202,781 ) Accumulated other comprehensive loss ( 1,432 ) ( 1,529 ) Total SUNCAR TECHNOLOGY GROUP INC's shareholders' equity 11,892 29,351 Non-controlling interests 54,342 56,795 Total shareholders' equity 66,234 86,146 TOTAL LIABILITIES AND SHARESHOLDERS' EQUITY $ 246,728 $ 277,529 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. F-2 SUNCAR TECHNOLOGY GROUP INC UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (In U.S. Dollar thousands, except for share and per share data, or otherwise noted) For the six months ended June 30, 2024 2025 Revenues Auto eInsurance service $ 73,747 $ 97,833 Technology service 21,888 24,345 Auto service 107,451 100,131 Total revenues 203,086 222,309 Operating cost and expenses Integrated service cost ( 107,621 ) ( 101,464 ) Promotional service expenses ( 71,135 ) ( 94,072 ) Selling expenses ( 10,199 ) ( 11,012 ) General and administrative expenses ( 40,537 ) ( 15,188 ) Research and development expenses ( 32,205 ) ( 1,766 ) Total operating costs and expenses ( 261,697 ) ( 223,502 ) Operating loss ( 58,611 ) ( 1,193 ) Other expenses F

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View this 6-K filing on SEC EDGAR