---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-126025"
form_type: "8-K"
ticker: "AIHS"
cik: "0001711012"
company_name: "Senmiao Technology Ltd"
filed_at: "2023-12-14T23:59:59+00:00"
generated_at: "2026-06-07T12:53:35.572504+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Senmiao Technology granted additional 180 days to meet Nasdaq minimum bid price rule

## Summary
- Received Nasdaq deficiency notice for non-compliance with $1 minimum bid price; granted extension until June 10, 2024.
- Must have closing bid price at least $1 per share for 10 consecutive business days to regain compliance.
- Company may effect a reverse stock split if necessary to cure the bid price deficiency.
- If compliance not achieved by June 10, 2024, Nasdaq will delist; company may appeal to a Hearings Panel.

## SEC filing metadata
- accession: 0001104659-23-126025
- form_type: 8-K
- ticker: AIHS
- cik: 0001711012
- company_name: Senmiao Technology Ltd
- filed_at: 2023-12-14T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711012/000110465923126025/0001104659-23-126025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711012/000110465923126025/tm2332885d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-126025
- JSON: https://secwatch.observer/filing/0001104659-23-126025.json
- Plain text: https://secwatch.observer/filing/0001104659-23-126025.txt

## Key facts
- Listing & Compliance Notices
  Senmiao Technology Ltd received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: December 13, 2023, the Company received another notice from Nasdaq indicating that the Company is eligible for an additional 180-day period, or until June 10, 2024, to regain compliance. Such determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market with the exception of the bid price requirement, and the Company’s written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if nec
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711012/000110465923126025/0001104659-23-126025-index.htm

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