regulatory
confidence high
sentiment negative
materiality 0.75
Senmiao Technology receives Nasdaq bid price deficiency notice; 1:10 reverse split effectuated
Senmiao Technology Ltd
- Nasdaq notice on July 29, 2025: stock failed $1 minimum bid price for 30 consecutive business days.
- Company has 180 days (until Jan 26, 2026) to regain compliance by closing at $1+ for 10 straight days.
- Reverse stock split 1:10 effectuated July 29, 2025 to help meet bid price requirement.
- If not cured, may qualify for second 180-day period or face delisting and appeal process.
item 3.01