other material
confidence high
sentiment neutral
materiality 0.60
Senmiao Technology announces 1-for-10 reverse stock split effective April 6, 2022
Senmiao Technology Ltd
- Reverse stock split at 1-for-10 ratio, effective April 6, 2022, trading on Nasdaq under AIHS.
- Authorized shares reduced from 100M to 10M in proportion to the split.
- No fractional shares; fractional interests rounded up to whole share.
- Stockholders' percentage interest unchanged except for fractional share adjustments.
- Approved by Board of Directors; no stockholder approval required under Nevada law.