other material
confidence high
sentiment positive
materiality 0.60
Senmiao Technology regains compliance with Nasdaq Rule 5550(b)(1) on April 22, 2022
Senmiao Technology Ltd
- Received letter from Nasdaq confirming compliance with minimum $2.5M stockholders' equity requirement.
- Compliance determination based on Company's Form 8-K dated March 31, 2022.
- Nasdaq previously issued deficiency notice on January 12, 2022.
- If Company fails to evidence compliance upon next periodic report, it may be subject to delisting.