secwatch.observer — SEC 8-K summary
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Issuer:     Senmiao Technology Ltd (AIHS)
CIK:        0001711012
Form:       8-K
Filed at:   2022-02-18T23:59:59+00:00
Accession:  0001104659-22-025156
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Senmiao receives Nasdaq delisting notice for bid price & MVLS noncompliance
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- Nasdaq notified on Feb 15, 2022 that Senmiao failed to regain compliance with $1.00 minimum bid price rule.
- Market value of listed securities was $18.9M, below $50M minimum for extended compliance period.
- Trading suspension set for Feb 24, 2022 unless appeal is granted; Company requested hearing on Feb 17.
- Company will submit a plan to regain compliance to the Nasdaq Hearing Panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1711012/000110465922025156/0001104659-22-025156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1711012/000110465922025156/tm227137d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-025156

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