{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-002216","form_type":"8-K","ticker":"AIHS","cik":"0001711012","company_name":"Senmiao Technology Ltd","filed_at":"2026-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.969411+00:00","generated_at":"2026-05-16T11:23:10.663428+00:00","sec_items":["1.01","2.01","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Senmiao sells loss-ridden ride-hailing units for no consideration; CFO resigns","bullets":["Disposed of wholly-owned Yicheng and Zecheng for no cash consideration; units had accumulated ~$11M losses.","Subsidiaries had no operations in past fiscal year; buyer is non-affiliate Hu Mao Sheng Tang Holdings Limited.","CFO Xiaoyuan Zhang resigned effective Dec 31, 2025, not due to any accounting disagreement.","Pro forma shows $3.5M financing in Nov 2025, boosting cash to $4.1M as of Sep 30, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-002216","json":"https://secwatch.observer/filing/0001213900-26-002216.json","markdown":"https://secwatch.observer/filing/0001213900-26-002216.md","text":"https://secwatch.observer/filing/0001213900-26-002216.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1711012/000121390026002216/0001213900-26-002216-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1711012/000121390026002216/ea0272169-8k_senmiao.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:23:10.663428+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d3b608671370d0f3f3e872c1a5a555f25d656887","claim":"Senmiao Technology Ltd entered into Acquisition Agreement with Hu Mao Sheng Tang Holdings Limited. valued at no additional consideration (effective 2025-12-31).","evidence_excerpt":"On December 31, 2025, the Company, entered into a certain Acquisition Agreement (the “ Acquisition Agreement ”) with Hu Mao Sheng Tang Holdings Limited., a non-affiliated Hong Kong company (the “ HMST ” or “ Purchaser ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1711012/000121390026002216/0001213900-26-002216-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Hu Mao Sheng Tang Holdings Limited."},{"label":"Value","value":"no additional consideration"},{"label":"Effective","value":"2025-12-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}