{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-135421","form_type":"8-K","ticker":"AIHS","cik":"0001711012","company_name":"Senmiao Technology Ltd","filed_at":"2021-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.787289+00:00","generated_at":"2026-06-28T11:37:27.088629+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Senmiao Technology raises $5M via private placement of Series A Preferred and warrants","bullets":["$5M aggregate from institutional investors: 5,000 Series A Preferred Shares at $1,000 each plus warrants to acquire common shares at $0.82.","Preferred convertible into common at $0.68/share (adjusted to greater of $0.41 or 85% of closing bid); warrants exercisable for 5 years starting 6 months after issuance.","Net proceeds to accelerate business plan and fund working capital; offering expected to close on or about November 10, 2021.","FT Global Capital acts as placement agent, receiving 7.5% cash fee and warrants for 7.5% of conversion shares at $0.68 per share.","Company to file resale registration statement within 20 days; must be effective within 60-110 days or pay 1.5% monthly penalty."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-135421","json":"https://secwatch.observer/filing/0001104659-21-135421.json","markdown":"https://secwatch.observer/filing/0001104659-21-135421.md","text":"https://secwatch.observer/filing/0001104659-21-135421.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1711012/000110465921135421/0001104659-21-135421-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1711012/000110465921135421/tm2132210d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T11:37:27.088629+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}