Senmiao Technology reports regained Nasdaq compliance after subsidiary divestiture

Senmiao Technology Ltd

As of Sep 30, 2025, stockholders' equity was negative $132,073; Nasdaq delinquency notice received Dec 1, 2025.
On Dec 31, 2025, Company spun off 100% of Sichuan Senmiao Yicheng and Zecheng to non-affiliated HMST.
Compliance plan submitted Jan 15, 2026; Company believes it now exceeds $2.5M minimum equity requirement.
Nasdaq will continue monitoring; delisting risk remains if Dec 31, 2025 10-Q fails to show compliance.

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