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Senmiao Technology Ltd

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Positive
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Neutral
GlobeNewsWire
14 days ago
Senmiao Technology Limited Closes $2.8 Million Registered Direct Offering
CHENGDU, China, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Senmiao Technology Limited (NASDAQ: AIHS) ("Senmiao" or the "Company"),  today announced the closing of its registered direct offering (the “Offering”). The Company has sold 1,350,000 shares (the “Shares”) of common stock and pre-funded warrants to purchase 905,000 shares of common stock at a purchase price of $1.26 per share, for aggregate gross proceeds of approximately $2.8 million, before deducting offering expenses.
Senmiao Technology Limited Closes $2.8 Million Registered Direct Offering
Neutral
GlobeNewsWire
20 days ago
Senmiao Technology Announces $2.8 Million Registered Direct Offering
CHENGDU, China, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS)  today announced that it has entered into a securities purchase agreement (the “Agreement”) with certain accredited investors (the “Investors”) providing for the issuance of 1,350,000 shares (the “Shares”) of common stock, par value $0.0001 per share (the “Common Stock”), and pre-funded warrants to purchase 905,000 shares of the Common Stock, at a purchase price of $1.26 per share, in a registered direct offering for aggregate gross proceeds of approximately $2.8 million. Senmiao also agreed to issue to the Investors, in a separate private placement,  warrants to purchase up to 4,510,000 shares (the “Warrant Shares”) of the Common Stock (the “Warrants”). The Warrants may be issued by the Company upon the receipt of the stockholder's approval (the “Stockholder Approval”), and will have a term of five and a half years (5.5 years), exercisable immediately upon issuance at an exercise price of $1.26 per share. The closing of the sale of the Shares is expected to occur on or about November 17, 2025, subject to satisfaction of customary closing conditions.
Senmiao Technology Announces $2.8 Million Registered Direct Offering
Neutral
GlobeNewsWire
4 months ago
Senmiao Technology Limited Announces 1-for-10 Reverse Stock Split
Chengdu, China, July 24, 2025 (GLOBE NEWSWIRE) -- Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS) reported that it expects to implement a 1-for-10 reverse stock split (the “Reverse Stock Split”) on its common stock, par value $0.0001 per share (the “Common Stock”) effective Tuesday, July 29, 2025, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the Common Stock will continue on the Nasdaq Stock Market under the symbol “AIHS”. The new CUSIP number for the Common Stock following the Reverse Stock Split is 817225303.
Senmiao Technology Limited Announces 1-for-10 Reverse Stock Split
Neutral
GlobeNewsWire
5 months ago
Senmiao Technology Signs a Strategic Cooperation Agreement with Changsha Yipeng to Develop an AI-Backed Data Management System for Online Ride-Hailing Service Providers
CHENGDU, China, June 13, 2025 (GLOBE NEWSWIRE) -- Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, today announced that it has signed a strategic cooperation agreement (the “Agreement”) with Changsha Yipeng Information Technology Co., Ltd. (“Changsha Yipeng”) to jointly develop an AI-backed data management system aiming to improve efficiency of online ride-hailing management platforms.
Senmiao Technology Signs a Strategic Cooperation Agreement with Changsha Yipeng to Develop an AI-Backed Data Management System for Online Ride-Hailing Service Providers
Neutral
GlobeNewsWire
5 months ago
Senmiao Technology and Qinhong International Group Sign a Strategic Cooperation Agreement to Jointly Promote Their Services to SMEs in China
CHENGDU, China, June 12, 2025 (GLOBE NEWSWIRE) -- Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, today announced that it has signed a strategic cooperation agreement (the “Agreement”) with Qinhong International Group (“Qinhong”).
Senmiao Technology and Qinhong International Group Sign a Strategic Cooperation Agreement to Jointly Promote Their Services to SMEs in China
Neutral
PRNewsWire
1 year ago
Senmiao Technology Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement
CHENGDU, China , March 28, 2024 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (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 that it has received a letter from the Nasdaq Listing Qualifications Staff, dated March 26, 2024, notifying the Company that it has regained compliance with the minimum bid price requirement under the Listing Rules of The Nasdaq Stock Market. The letter noted that as a result of the closing bid price of the Company's common stock having been at $1.00 per share or greater for 20 consecutive business days, from February 27, 2024 to March 25, 2024, the Company has regained compliance with Listing Rule 5550(a)(2), and the matter is now closed.
Senmiao Technology Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement
Neutral
PRNewsWire
1 year ago
Senmiao Technology Announces Signing of Cooperation Agreement for AI-driven Application Development
Companies to Explore Creation and Deployment of AI-Driven Support and Service Application for Senmiao's Drivers with Chengdu Daren Duoduo Culture Media CHENGDU, China , Feb. 22, 2024 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (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 that its operating subsidiary Sichuan Senmiao Zecheng Business Consulting Co., Ltd. ("Zecheng"), has signed a strategic cooperation agreement (the "Agreement") with Chengdu Daren Duoduo Culture Media Co., Ltd.
Senmiao Technology Announces Signing of Cooperation Agreement for AI-driven Application Development
Neutral
PRNewsWire
1 year ago
Senmiao Technology's XXTX Online Ride-hailing Platform Receives Highest Rating for Service Quality and Reputation in Changsha
CHENGDU, China , Feb. 20, 2024 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (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 that the Company's operating subsidiary Hunan Xixingtianxia Technology Co., Ltd. ("XXTX"), received a Triple-A rating in the service quality and reputation assessment (the "assessment") in Changsha, one of Senmiao's key cities of operation.
Senmiao Technology's XXTX Online Ride-hailing Platform Receives Highest Rating for Service Quality and Reputation in Changsha
Neutral
PRNewsWire
1 year ago
Senmiao Technology Reports Fiscal 2024 Third Quarter Financial Results
CHENGDU, China , Feb. 12, 2024 /PRNewswire/ -- 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 its fiscal 2024 third quarter ended December 31, 2023. Fiscal 2024 Third Quarter Financial and Operating Highlights Total revenues of $1.6 million compared to $1.7 million in the prior-year period, primarily due to decreased revenues from online ride-hailing platform services, which was partially offset by increased revenues from the automobile rental business.
Senmiao Technology Reports Fiscal 2024 Third Quarter Financial Results
Neutral
PRNewsWire
1 year ago
Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for December 2023
CHENGDU, China , Jan. 26, 2024 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (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 the operating metrics for its proprietary online ride-hailing platform for the month of December 2023. In December 2023, Senmiao and its affiliates recorded approximately 0.55 million total completed orders, a 13.6% increase from 0.48 million total orders completed in November 2023.
Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for December 2023