Senmiao Technology LTD

Market Movers (8-K)

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NASDAQ
Senmiao Technology Limited announced that its previously issued financial statements for the period ended December 31, 2025, should no longer be relied upon due to misclassification of warrants.
Capital raise
Worse than expected
NASDAQ
Senmiao Technology Limited has entered into a securities purchase agreement to raise up to $11 million through a private placement of units.
Capital raise
NASDAQ
Senmiao Technology Limited announced it has regained compliance with Nasdaq's minimum stockholders' equity requirement following the spin-off of two subsidiaries.
Better than expected
NASDAQ
Senmiao Technology Limited announced the appointment of Yafeng Li as its new Chief Financial Officer, effective January 2, 2026, succeeding Ms. Xiaoyuan Zhang.
NASDAQ
Senmiao Technology Limited divested two wholly-owned subsidiaries in China's competitive online ride-hailing sector and announced the resignation of its Chief Financial Officer.
Better than expected
Capital raise
NASDAQ
Senmiao Technology Limited received a Nasdaq notification for failing to meet the minimum stockholders' equity requirement, potentially leading to delisting.
Worse than expected

Quarterly Earnings (10-Q)

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NASDAQ
Senmiao Technology Limited filed its Form 10-Q for the quarter ended June 30, 2026, reporting a net loss of $32.8 million and a significant accumulated deficit.
Worse than expected
Capital raise
NASDAQ
Senmiao Technology Limited files an amendment to its Q3 2025 Form 10-Q to restate financial statements due to misclassification of warrants as equity instead of liabilities.
Capital raise
Worse than expected
NASDAQ
Senmiao Technology Limited reported a significant increase in cash and equity driven by recent financing, despite continued operating losses and a decline in revenue from its core automobile leasing business.
Worse than expected
Capital raise
NASDAQ
Senmiao Technology Limited reported increased revenue and gross profit for the six months ended September 30, 2025, but continued to incur net losses and faces substantial doubt about its ability to continue as a going concern, despite recent and planned capital raises.
Worse than expected
Capital raise
NASDAQ
Senmiao Technology Limited reported a significantly reduced net loss for Q2 2025, driven by discontinued operations and financial gains, despite a decline in total revenues and gross profit.
Worse than expected
Capital raise
NASDAQ
Senmiao Technology's Q3 2025 revenue decreased by 17.0% year-over-year, primarily due to a decline in automobile operating lease revenue, as the company navigates a strategic shift and going concern challenges.
Worse than expected
Capital raise

Annual Reports (10-K)

NASDAQ
Senmiao Technology Limited (AIHS) filed its annual report for the fiscal year ended March 31, 2026, detailing a significant net loss from continuing operations and the discontinuation of its Sichuan-based automobile services and online ride-hailing platform.
Capital raise
Worse than expected
NASDAQ
Senmiao Technology Limited reported a net loss from continuing operations of $3.47 million for the fiscal year ended March 31, 2025, alongside a strategic divestiture of its online ride-hailing platform business due to fierce competition and recurring losses.
Worse than expected
Capital raise
NASDAQ
Senmiao Technology Limited's annual report for fiscal year 2024 reveals a mixed financial landscape, with revenue declines offset by strategic shifts in its business operations.
Worse than expected
Capital raise

Proxy Statements (Def-14A)

NASDAQ
Senmiao Technology Limited will hold its 2024 Annual Meeting of Stockholders on April 30, 2025, to elect directors, ratify the appointment of its accounting firm, and vote on executive compensation matters.
Capital raise
NASDAQ
Senmiao Technology Limited is holding its 2023 Annual Meeting of Stockholders on April 19, 2024, to vote on the election of directors, ratification of its accounting firm, and an amendment to its equity incentive plan.