---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-117528"
form_type: "8-K"
ticker: "AIHS"
cik: "0001711012"
company_name: "Senmiao Technology Ltd"
filed_at: "2026-11-09T21:15:31+00:00"
generated_at: "2026-11-09T21:17:17.736181+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Valor Energy amends Youngstown Computing Center deal: $360,000 deposit paid directly, $3.6M total price

## Summary
- Amendment No. 1 to the October 18, 2026 Youngstown Computing Center Equity Transfer Agreement eliminates escrow; Valor Energy pays the $360,000 down payment directly to Glorious Star, LLC.
- Total purchase price remains $3,600,000, with the $3,240,000 balance payable at Closing no later than the 30th business day after October 18, 2026, simultaneous with 100% equity delivery.
- Down payment is non-refundable except if Buyer validly terminates for Seller fraud, material misrepresentation or material breach, when Seller must refund within five business days of notice.
- The 30-business-day due diligence period from October 18, 2026 is not restarted; any additional power capacity for the project is a separate transaction and not a Closing condition.
- Seller waived claims arising from Buyer's failure to fund the prior escrow deposit; CEO Ronggang Zhang signed the amendment dated November 3, 2026.

## SEC filing metadata
- accession: 0001213900-26-117528
- form_type: 8-K
- ticker: AIHS
- cik: 0001711012
- company_name: Senmiao Technology Ltd
- filed_at: 2026-11-09T21:15:31+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711012/000121390026117528/0001213900-26-117528-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711012/000121390026117528/ea0311302-8k_valor.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-117528
- JSON: https://secwatch.observer/filing/0001213900-26-117528.json
- Plain text: https://secwatch.observer/filing/0001213900-26-117528.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.