Senmiao Technology receives Nasdaq bid price deficiency notice

Senmiao Technology Ltd

Letter from Nasdaq on August 16, 2021, citing failure to maintain $1.00 minimum bid for 30 consecutive business days.
Company granted 180-day compliance period, until February 14, 2022, to regain compliance.
Compliance can be regained if bid price closes at $1.00 or above for ten consecutive business days.
If not cured, may apply for an additional 180 days, subject to meeting other listing standards.

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