secwatch.observer — SEC 8-K summary
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Issuer:     Senmiao Technology Ltd (AIHS)
CIK:        0001711012
Form:       8-K
Filed at:   2022-01-14T23:59:59+00:00
Accession:  0001104659-22-004432
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Senmiao Technology receives Nasdaq deficiency notice for failing MVLS requirement
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- Received Nasdaq deficiency letter on Jan 12, 2022, for MVLS below $35M minimum.
- Also not in compliance with Listing Rules 5550(b)(1) and 5550(b)(3).
- Has 180 calendar days, until July 11, 2022, to regain compliance.
- Must maintain MVLS >= $35M for 10 consecutive business days to cure.
- Failure to regain compliance may result in delisting from Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1711012/000110465922004432/0001104659-22-004432-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1711012/000110465922004432/tm222986d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-004432

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