regulatory
confidence high
sentiment positive
materiality 0.50
Senmiao regains Nasdaq minimum bid price compliance, delisting risk resolved
Senmiao Technology Ltd
- Nasdaq notified Senmiao on March 26, 2024, that it regained compliance with bid price rule.
- Closing bid price was at least $1.00 for 20 consecutive business days (Feb 27–Mar 25, 2024).
- Company had received two extensions to cure deficiency, last until June 10, 2024.
- Nasdaq confirmed matter is closed; no further action required.
- Shares (AIHS) remain listed on Nasdaq Capital Market.