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SunCar Technology Group Inc. Appoints Breaux Walker as CSO: Key Insights

$SDA
Form 6-K
Filed on: 2025-01-14
Source
SunCar Technology Group Inc. Appoints Breaux Walker as CSO: Key Insights

Here are the key insights and information extracted from the provided section of the financial report:

  1. Company Information:
  • Name: SunCar Technology Group Inc.
  • Type: Cayman Islands exempted company.
  • Principal Address: c/o Shanghai Feiyou Trading Co., Ltd., Suite 209, No. 656 Lingshi Road, Jing’an District, Shanghai, 200072, People's Republic of China.
  • Telephone: (86) 138-1779-6110.
  1. Filing Details:
  • Filing Type: Form 6-K.
  • Commission File Number: 001-41247.
  • Reporting Period: For the month of January 2025.
  • Compliance: Filing under Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
  1. Appointment Announcement:
  • New Appointment: Mr. Breaux Walker appointed as Chief Strategy Officer (CSO) effective January 13, 2025.
  • Roles and Responsibilities: Mr. Walker will oversee the company’s capital markets strategy, investments, international financing, and investor relations.
  1. Mr. Breaux Walker's Background:
  • Experience: Over 25 years in business development, corporate finance, and cross-border transactions, especially in technology and fintech.
  • Previous Roles:
    • Joined SunCar in March 2024 as consulting GM, North America.
    • Partner at HRJ International, advising tech companies on financings and M&A.
    • Managing Director at Weild & Co. and JMP Securities, focusing on cross-border transactions and public equity offerings.
    • Entrepreneurial experience in China with a technology services company generating $25 million in revenue.
    • Senior positions at Kochava and Union Mobile Pay Ltd.
  • Languages: Fluent in Mandarin Chinese and proficient in Spanish.
  • Education: Degree from Wesleyan University in Middletown, CT.
  1. No Conflicts of Interest:
  • Mr. Walker has no family relationships with any director or other executive officer of the Company.
  • No reportable related party transactions with the Company or its subsidiaries.
  • No arrangements or understandings with others regarding his appointment.
  1. Signatory Information:
  • The report is signed by Zaichang Ye, Chief Executive Officer, indicating it has been duly authorized.

This report highlights a significant leadership change that may impact SunCar Technology Group's strategic direction and investor engagement moving forward.