Senmiao Technology Ltd shareholders approved Approval of Issuance of Shares of Common Stock and Warrants in Connection with Private Placement at the 2026-06-11 meeting.
“Proposal 6 : The Company’s stockholders voted to approve the issuance of shares of Common Stock and warrants to purchase shares of Common Stock (the “PIPE Warrants”) in connection with the Company’s private placement of up to $11,000,000 pursuant to the Securities Purchase Agreement dated April 23, 2026 (the “PIPE Proposal”) by the following vote: For Against Abstentions Broker Non-Votes 2,331,324 28,248 1,493 818,056”
Shareholder Votes
Senmiao Technology Ltd shareholders approved Approval of Amendment to Articles of Incorporation to Increase Authorized Shares at the 2026-06-11 meeting.
“Proposal 5 : The Company’s stockholders voted to approve an amendment to the Company’s Articles of Incorporation to increase the total number of authorized shares of Common Stock from 50,000,000 to 500,000,000 (“Authorized Share Increase Proposal”) by the following vote: For Against Abstentions 2,747,548 383,827 47,746”
Shareholder Votes
Senmiao Technology Ltd shareholders approved Authorization of Reverse Stock Split at the 2026-06-11 meeting.
“Proposal 4 : The Company’s stockholders voted to authorize (but not require) the Board of Directors to effect one or more reverse stock splits of the Company’s issued and outstanding Common Stock at any time prior to the Company’s next annual meeting of stockholders, with an aggregate ratio of up to one-for-one hundred (1:100), with the exact timing and ratio to be determined by the Board of Directors in its sole discretion (“Reverse Stock Split Proposal”) by the following vote: For Against Abstentions 2,794,305 384,729 87”
Shareholder Votes
Senmiao Technology Ltd shareholders approved Approval of Issuance of Shares of Common Stock Underlying Warrants at the 2026-06-11 meeting.
“Proposal 3 : The Company’s stockholders voted to approve, for purposes of Nasdaq Listing Rule 5635, the issuance of shares of Common Stock underlying the warrants issued pursuant to the Securities Purchase Agreement dated November 14, 2025 (“Warrant Share Issuance Proposal”) by the following vote: For Against Abstentions Broker Non-Votes 2,334,904 26,127 34 818,057”
Shareholder Votes
Senmiao Technology Ltd shareholders approved Ratification of Appointment of Marcum Asia CPAs LLP as Independent Registered Public Accounting Firm at the 2026-06-11 meeting.
“Proposal 2 : The Company’s stockholders voted to ratify appointment of Marcum Asia CPAs LLP as the Company’s registered public accounting firm for the fiscal year ending March 31, 2026 by the following vote: For Against Abstentions 3,150,280 28,202 639”
Shareholder Votes
Senmiao Technology Ltd shareholders approved Election of Directors at the 2026-06-11 meeting.
“Proposal 1 : The Company’s stockholders elected the following five nominees as directors, to serve until the next annual meeting of stockholders of the Company and until their respective successors are duly elected and qualified, by the following vote: Name For Withheld Broker Non-Votes Ronggang (Jonathan) Zhang 2,353,697 7,368 818,056 Chong Chen 2,353,707 7,358 818,056 Si (Simon) Li 2,353,752 7,313 818,056 Jie Gao 2,353,747 7,318 818,056 Xiaojuan Lin 2,353,662 7,403 818,056”
Material Agreements
Senmiao Technology Ltd entered into SPA with certain purchasers valued at $11,000,000 (effective 2026-04-23).
“On April 23, 2026, Senmiao Technology Limited (the “ Company ”) entered into a certain securities purchase agreement (the “ SPA ”) with certain purchasers (the “ Investors ”), pursuant to which the Company agreed to sell an aggregate of up to 10,000,000 units (the “ Units ”), each Unit consisting of one (1) share of its common stock, par value $0.0001 per share (“ Common Stock ”), and four (4) warrants (each, a “ Warrant ”), each to purchase one (1) share of Common Stock (the “ Offering ”), at a purchase price of $1.10 per Unit. The aggregate gross proceeds to the Company from the Offering, if all Units are sold, will be approximately $11,000,000.”
Material Agreements
Senmiao Technology Ltd entered into Acquisition Agreement with Hu Mao Sheng Tang Holdings Limited. valued at no additional consideration (effective 2025-12-31).
“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 ”).”
Listing & Compliance Notices
Senmiao Technology Ltd received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
“December 1, 2025, we received a letter from the listing qualifications staff (the “ Staff ”) of Nasdaq informing us that, as reported in our quarterly report on Form 10-Q for the period ended September 30, 2025, because our stockholders’ equity was ($132,073), as of September 30, 2025, we did not meet the alternatives of market value of listed securities or net income from continuing operations, and we no longer comply with the Listing Rule. We have 45 calendar days to submit a plan to the Staff to regain compliance. If our plan is accepted, we may be granted an extension of up to 180 calendar”
Equity Issuances
Senmiao Technology Ltd issued 200,000 shares of common stock to a consultant.
“the Company issued 200,000 shares of the Common Stock to a consultant (the “Consultant Shares”, collectively with the SPA Shares”, the “Shares”) in exchange for the consultant’s services.”
Equity Issuances
Senmiao Technology Ltd issued 500,000 shares of common stock to certain non-U.S. investors (the "Purchasers") for $1.32 per share.
“the Company agreed to sell, and the Purchasers agreed to purchase, severally and not jointly, an aggregate of 500,000 shares (the “SPA Shares”) of common stock of the Company, par value $0.0001 per share (the “Common Stock”) at an offering price of $ 1.32 per share (the “Offering”).”
Listing & Compliance Notices
Senmiao Technology Ltd received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“July 29, 2025, Senmiao Technology Limited (the “Company”) received a deficiency notice from The Nasdaq Stock Market (“Nasdaq”) informing the Company that its common stock, par value $0.0001 per share (the “Common Stock”), fails to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Common Stock for the 30 consecutive business days prior to the date of the notice. Nasdaq’s notice has no immediate effect on the listing of the Common Stock on The Nasdaq Capital Market. Pursuan”
“including the acquisition by the Purchaser of 100% of the Transferor’s equity interest in Hunan Xixingtianxia Technology Co., Ltd.”
Shareholder Votes
Senmiao Technology Ltd shareholders approved Approval of amendment No.2 to the Company’s 2018 equity incentive plan, to increase the number of shares of common stock reserved under the Plan to 1,800,000 shares at the 2024-04-19 meeting.
“A proposal to approve an amendment No.2 to the Company’s 2018 equity incentive plan, to increase the number of shares of common stock reserved under the Plan to 1,800,000 shares: For Against Abstain 4,685,387 200,669 15,509”
Shareholder Votes
Senmiao Technology Ltd shareholders approved Ratification of appointment of Marcum Asia CPAs LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2024 at the 2024-04-19 meeting.
“A proposal to ratify the appointment of Marcum Asia CPAs LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024: For Against Abstain 5,884,955 52,336 21,583”
Shareholder Votes
Senmiao Technology Ltd shareholders approved Election of five directors to the Company's board of directors to hold office until the next annual meeting and until their successors are duly elected and qualified at the 2024-04-19 meeting.
“On April 19, 2024, the Company held its annual meeting of stockholders (the “ Annual Meeting ”) for its fiscal year ended March 31, 2023.”
Listing & Compliance Notices
Senmiao Technology Ltd received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“December 13, 2023, the Company received another notice from Nasdaq indicating that the Company is eligible for an additional 180-day period, or until June 10, 2024, to regain compliance. Such determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market with the exception of the bid price requirement, and the Company’s written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if nec”
Earnings Releases
Senmiao Technology Ltd reported the fiscal second quarter ended September 30, 2023 results: revenue $1.8 million, net income $1.21 million, EPS $0.12.
“today announced financial results for its fiscal 2024 second quarter ended September 30, 2023. Fiscal 2024 Second Quarter Financial and Operating Highlights · Total revenues of $1.8 million, compared to $2.2 million in the prior-year period, primarily due to decreased revenues from online ride-hailing platform services as a result of fewer completed orders due to”
Earnings Releases
Senmiao Technology Ltd reported fiscal 2024 first quarter ended June 30, 2023 results: revenue $2.1 million, net income $0.4 million net loss, EPS Loss per diluted share of approximately $0.05.
“today announced financial results for its fiscal 2024 first quarter ended June 30, 2023. Fiscal 2024 First Quarter Financial and Operating Highlights · Total revenues of $2.1 million, compared to $2.3 million in the prior-year period, primarily due to lower revenues from online ride-hailing platform services as a result of increased competition. · From”
Earnings Releases
Senmiao Technology Ltd reported financial results for the fiscal year ended March 31, 2023.
“Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced financial results for the fiscal year ended March 31, 2023.”
Listing & Compliance Notices
Senmiao Technology Ltd received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“June 15, 2023, Senmiao Technology Limited (the “Company”) received a deficiency notice from The Nasdaq Stock Market (“Nasdaq”) informing the Company that its common stock, par value $0.0001 per share (the “Common Stock”), fails to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Common Stock for the 30 consecutive business days prior to the date of the notice from Nasdaq. Nasdaq’s notice has no immediate effect on the listing of the Common Stock on The Nasdaq Capital Mar”
Shareholder Votes
Senmiao Technology Ltd shareholders approved A proposal to approve an amendment to the Company’s 2018 equity incentive plan, to increase the number of shares of common stock reserved under the Plan to 1,500,000 shares at the 2023-03-30 meeting.
“3. A proposal to approve an amendment to the Company’s 2018 equity incentive plan, to increase the number of shares of common stock reserved under the Plan to 1,500,000 shares : For Against Abstain 4,209,223 188,679 752”
Shareholder Votes
Senmiao Technology Ltd shareholders approved A proposal to ratify the appointment of Marcum Asia CPAs LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2023 at the 2023-03-30 meeting.
“2. A proposal to ratify the appointment of Marcum Asia CPAs LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2023: For Against Abstain/Withhold 4,359,211 32,928 6,515”
Shareholder Votes
Senmiao Technology Ltd shareholders approved A proposal to elect five directors to the Company’s board of directors to hold office until the next annual meeting and until their successors are duly elected and qualified at the 2023-03-30 meeting.
“1. A proposal to elect five directors to the Company’s board of directors to hold office until the next annual meeting and until their successors are duly elected and qualified: Director’s Name Votes For Votes Withheld Xi Wen 4,358,394 40,260 Xiaojuan Lin 4,154,035 244,619 Trent D. Davis 4,154,452 244,202 Sichun Wang 4,154,041 244,613 Jie Gao 4,156,955 241,699”
Chunhai Li resigned as Chief Technology Officer at Senmiao Technology Ltd.
“Resignation of Chunhai Li Effective March 31, 2023, Mr. Chunhai Li, Chief Technology Officer (“ CTO ”), of Senmiao Technology Limited (the “ Company ”), resigned from his position as the CTO of the Company, due to personal reason.”
Earnings Releases
Senmiao Technology Ltd reported fiscal 2023 third quarter ended December 31, 2022 results: revenue $1.74 million, net income $1.0 million, EPS $0.13.
“in 2021, which were previously classified under Automobile Transaction and Related Services. Fiscal 2023 Third Quarter Financial and Operating Highlights · Total revenues of $1.74 million from continuing operations, compared to $1.66 million in the prior-year period, primarily as a result of increased operating lease revenues from automobile rentals, which was”
Earnings Releases
Senmiao Technology Ltd reported fiscal 2023 second quarter ended September 30, 2022 results: revenue $2.2 million, net income $1.2 million, EPS $0.15.
“Total revenues of $2.2 million from continuing operations, compared to $1.1 million in the prior-year period.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.