---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-087645"
form_type: "8-K"
ticker: "AIHS"
cik: "0001711012"
company_name: "Senmiao Technology Ltd"
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:09:00.316260+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Senmiao Technology cuts Series A preferred conversion price to $2.00 from $4.10, increasing potential dilution

## Summary
- Conversion price of Series A Convertible Preferred reduced from $4.10 to $2.00 per share effective August 9, 2022.
- Common shares reserved upon conversion increased from 1,092,683 to 2,240,000 shares.
- Board approved reduction with consent from majority of preferred investors from November 2021 $5M private placement.

## SEC filing metadata
- accession: 0001104659-22-087645
- form_type: 8-K
- ticker: AIHS
- cik: 0001711012
- company_name: Senmiao Technology Ltd
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711012/000110465922087645/0001104659-22-087645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711012/000110465922087645/tm2222945d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-087645
- JSON: https://secwatch.observer/filing/0001104659-22-087645.json
- Plain text: https://secwatch.observer/filing/0001104659-22-087645.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.