SunCar Technology Group Inc. - Ordinary Shares (SDA)

NEW YORK, Nov. 06, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (“SunCar” or the “Company”) (NASDAQ: SDA), a Cayman Islands exempted company, today announced that its board of directors has authorized a share repurchase program to buy back up to $10 million of its outstanding Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”). This program reflects the Company's confidence in its long-term growth prospects. The share repurchase program is expected for the next three months. The Company intends to fund the repurchases through a combination of cash on hand and cash generated from operations.

NEW YORK, Nov. 06, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leader in digitalizing auto insurance and services in China, unaudited revenue for the nine months ending September 30, 2026 is forecasted to be approximately $426.4 million, a 26% increase from the same period in 2025.

Net Income of $3.4 Million Improving from a Net Loss of $5.5 Million

NEW YORK, July 30, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (“SunCar” or the “Company”) (NASDAQ: SDA), a leader in delivering AI-powered B2B auto insurance and services in China, today announced that, on July 27, 2026, the Company received a notification letter (“Nasdaq Notification”) from the Nasdaq Listing Qualifications Department (“Nasdaq”) notifying the Company that its Class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), is not in compliance with the minimum bid price requirement from June 10, 2026 through July 24, 2026. As set forth in the Nasdaq Listing Rules 5550(a)(2) (“Nasdaq Listing Rule”), it requires that the closing bid price for the Company’s Ordinary Shares listed on the Nasdaq be maintained at a minimum of $1.00 per share and failure to meet it for 30 consecutive business days constitutes a compliance deficiency.

1H 2026 Revenue of $271 million to $273 million

Gainers Golden Sun Technology (NASDAQ:GSUN) shares rose 9.0% to $0.23 during Friday's after-market session. The company's market cap stands at $3.0 million. SunCar Tech Gr (NASDAQ:SDA) shares rose 8.65% to

NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the “Company” or “SunCar”) (NASDAQ: SDA), a leader in delivering AI-powered B2B auto insurance and services in China, has won the contract to manage auto insurance for Aistaland, a luxury EV brand co-developed by Huawei.

Generated Net Profit of $1.6 Million

Third Consecutive Quarter of Profitability

Profitable in the Third and Fourth Quarters of 2025

NEW YORK, March 06, 2026 (GLOBE NEWSWIRE) -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), a leader in digitalizing auto insurance in China, is forecasting revenue of $498 million for 2025, a 13% increase from 2024.