Welcome to our dedicated page for Senmiao Technology news (Ticker: AIHS), a resource for investors and traders seeking the latest updates and insights on Senmiao Technology stock.
Senmiao Technology Ltd (NASDAQ: AIHS) news coverage tracks developments from this China-based ride-hailing technology company. The company operates the XXTX online transportation platform and provides automobile-related services for drivers in the Chinese mobility market.
News for AIHS typically covers strategic partnership announcements as the company expands its ride-hailing network across Chinese cities. These cooperation agreements with regional transportation providers and technology partners signal the company's geographic expansion efforts and platform development initiatives.
Quarterly and annual financial reports provide insight into the company's revenue performance across its dual business segments: the ride-hailing platform operations and automobile transaction services. As a micro-cap company, earnings releases often include updates on cash position and capital-raising activities.
Corporate announcements related to NASDAQ listing compliance, capital structure changes, and registered offerings are common news items for AIHS. These regulatory and financing developments are particularly relevant for investors tracking micro-cap stocks with ongoing capital requirements.
Bookmark this page to follow Senmiao Technology's business developments, partnership announcements, and financial disclosures as the company navigates the competitive Chinese ride-hailing market.
Senmiao Technology (NASDAQ: AIHS) closed a registered direct offering on November 20, 2025, raising approximately $2.8 million in gross proceeds by selling 1,350,000 common shares and pre-funded warrants for 905,000 shares at $1.26 per share.
The company may separately issue up to 4,510,000 warrants exercisable immediately at $1.26 with a 5.5-year term, subject to stockholder approval; a Form S-1 registration for resale of warrant shares will be filed within 30 days after a special meeting if approved.
Senmiao Technology (Nasdaq: AIHS) announced a registered direct offering to issue 1,350,000 shares of common stock and pre-funded warrants to purchase 905,000 shares at a purchase price of $1.26 per share, for aggregate gross proceeds of approximately $2.8 million. The company also agreed to issue, in a separate private placement, warrants to purchase up to 4,510,000 shares exercisable at $1.26 for 5.5 years, subject to stockholder approval.
The closing of the share sale is expected on or about November 17, 2025, and a special meeting to obtain the required stockholder approval will be held within 45 calendar days after closing. Proceeds are intended for general corporate purposes and working capital. The shares are offered under a Form S-3 shelf registration; the warrants will be offered in a private placement exempt from registration.
Senmiao Technology (Nasdaq: AIHS) announced a 1-for-10 reverse stock split effective July 29, 2025. The company's common stock will continue trading on Nasdaq under the same symbol with a new CUSIP number 817225303.
Following the split, every 10 shares of issued and outstanding common stock will automatically convert to one share, with fractional shares rounded up. The company will also reduce its authorized shares from 500 million to 50 million. The reverse split was approved by the Board of Directors and requires no stockholder approval under Nevada law.
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