other material
confidence high
sentiment neutral
materiality 0.15
Shareholders approve 5x increase in authorized shares and warrant price adjustment
Senmiao Technology Ltd
- Proposal to adjust Investor Warrant exercise prices below floor prices received 30.3M For vs 0.5M Against.
- Authorized common shares increased from 100M to 500M; preferred from 10M to 50M (31.2M For).
- Special meeting quorum of 51.61% (31.9M shares) was present; both proposals passed.