---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-137640"
form_type: "8-K"
ticker: "AIHS"
cik: "0001711012"
company_name: "Senmiao Technology Ltd"
filed_at: "2021-11-12T23:59:59+00:00"
generated_at: "2026-06-28T09:18:59.672648+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Senmiao closes $5M private placement of Series A convertible preferred and warrants

## Summary
- Raised $5M from institutional investors via Series A Convertible Preferred Stock convertible at $0.68/share.
- Issued warrants to purchase up to 7,352,942 shares at $0.82/share, exercisable after 6 months and 1 day; 5-year term.
- Proceeds to accelerate business plan and fund working capital; FT Global Capital acted as placement agent.
- Correction: No lock-up agreements were entered into for directors, officers or 5% holders, contrary to prior 8-K statement.
- Company must file resale registration statement within 20 days; SEC effectiveness target within 60-110 days.

## SEC filing metadata
- accession: 0001104659-21-137640
- form_type: 8-K
- ticker: AIHS
- cik: 0001711012
- company_name: Senmiao Technology Ltd
- filed_at: 2021-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711012/000110465921137640/0001104659-21-137640-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711012/000110465921137640/tm2132637d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-137640
- JSON: https://secwatch.observer/filing/0001104659-21-137640.json
- Plain text: https://secwatch.observer/filing/0001104659-21-137640.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.