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[8-K] Senmiao Technology Limited Reports Material Event

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false 0001711012 0001711012 2025-08-12 2025-08-12 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 12, 2025

 

SENMIAO TECHNOLOGY LIMITED
(Exact name of registrant as specified in its charter)

 

Nevada   001-38426   35-2600898
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

16F, Shihao Square, Middle Jiannan Blvd.

High-Tech Zone, Chengdu

Sichuan, People’s Republic of China

 

 

610000

(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: +86 28 61554399

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.0001 per share   AIHS   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 8.01Other Events. 

 

On August 12, 2025, Senmiao Technology Limited, a Nevada corporation (the “Company”) received a letter (the “Compliance Notice”) from the Nasdaq Stock Market LLC (the “Nasdaq”) notifying the Company that it has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement, which requires closing bid price of the common stock of the Company, par value $0.0001 per share (the “Common Stock”), to be at least $1.00 per share for the last 10 consecutive business days from July 29, 2025 to August 11, 2025 (the “Minimum Bid Price Requirement”), and the matter is closed.

 

As previously disclosed in the Company’s Current Report on Form 8-K dated August 1, 2025, the Company received a notification letter from the Nasdaq that between June 13, 2025 and July 28, 2025, the closing price for the Company’s Common Stock had been below the minimum $1.00 per share for 30 consecutive business days, which fails to comply with the continued listing pursuant to Nasdaq Continued Listing Rule 5550(a)(2). The Company was provided 180 calendar days, or until January 26, 2026, to regain compliance with this rule.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: August 15, 2025 SENMIAO TECHNOLOGY LIMITED
   
  By: /s/ Xi Wen
  Name: Xi Wen
  Title: Chief Executive Officer

 

 

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Senmiao Technology Ltd

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