Senmiao Technology receives Nasdaq delisting notice for negative equity

Senmiao Technology Ltd

On Aug 21, 2026, Nasdaq required Senmiao to meet minimum $2.5M stockholders' equity per Rule 5550(b)(1).
As of June 30, 2026, stockholders' equity was -$35,344,336, failing the listing standard and alternatives.
Company must submit a compliance plan by Oct 5, 2026; potential extension to Feb 17, 2027.
Delisting risk could reduce liquidity, market price, investor base, and access to public capital.
No immediate impact on listing; management intends to monitor and consider options to regain compliance.

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