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 Limited reports developments tied to its China-based automobile transaction and related services business, including automobile sales, purchase and financing facilitation, management services, operating leases, guarantees, and services connected to the online ride-hailing market.
Recurring AIHS news includes strategic cooperation agreements for AI-backed data management and service applications, updates on digital infrastructure and new energy initiatives, capital-raising transactions, Nasdaq compliance matters, and capital-structure actions involving its common stock.
Senmiao Technology (NASDAQ: AIHS) has changed its corporate name to Valor Energy Inc after receiving a Certificate of Amendment from the Nevada Secretary of State on August 18, 2026. The name change becomes effective on Nasdaq on August 26, 2026, when the Company’s common stock will begin trading under the new symbol VAI, replacing AIHS, while the CUSIP number remains unchanged.
According to Valor Energy, the proposed new name reflects its planned transformation from its legacy business into a U.S.-focused energy and digital infrastructure development platform, targeting power-enabled sites for artificial intelligence and high-performance computing data center customers, subject to applicable approvals, financing, development milestones and customer commitments.
Senmiao Technology (Nasdaq: AIHS) announced a non-binding letter of intent with Energence Power, Energence Utah and the members of Energence Utah for a proposed strategic partnership to advance Energence, Utah, a planned digital infrastructure and energy campus in Duchesne County, Utah.
Under the proposal, Senmiao would make a staged $5.0 million development-capital investment directly into Energence Utah to fund development work, not full construction, for the campus. Current plans target 100 MW of firm capacity by Year 2, 700 MW by Year 4 and up to 1.2 GW by Year 6, subject to engineering, interconnection, permits, financing, procurement, commercial agreements and construction.
The 5,046-acre site is master-planned for a 1 GW+ data campus, integrated energy center, solar generation and industrial uses, with active conditional-use permits and an initial natural gas commitment. The transaction remains subject to due diligence, definitive agreements, approvals and other closing conditions.
Senmiao Technology (Nasdaq: AIHS) has engaged a government relations and strategic advisory firm, effective August 2, 2026, to support its AI data center (AIDC) business in the United States and potentially internationally. Mr. Justin Evans, a two-decade veteran in economic development, site development and government relations, will lead the engagement.
According to the company, Mr. Evans will assist with government meetings, introductions to town, county and state officials, identification and pursuit of incentives such as FILOT and tax credits, and ongoing advice on permitting, stakeholder positioning and communications. The mandate covers multiple states and possible international markets and is intended to strengthen AIHS’s capabilities as it advances its AIDC strategy, including the Nebula Matrix AI LLC joint venture with Constant Energy Construction. Nebula Matrix AI has not yet announced any specific project, site or transaction.
Senmiao Technology (Nasdaq: AIHS) announced that its wholly owned subsidiary, Green Energy Capital Asset, has signed an operating agreement with Constant Energy Construction Corp. (CECC) to establish a joint venture, Nebula Matrix AI LLC. The JV is intended to be the core platform for developing, investing in, constructing and operating AI data centers and digital infrastructure projects in the United States.
According to the company, the cooperation aligns with AIHS’s strategic shift toward the U.S. AI infrastructure sector and expansion into digital infrastructure. Nebula Matrix AI LLC will manage full project lifecycles, from site selection and power procurement through design, construction, financing and long-term operations, using joint ventures, SPVs or other structures as appropriate. All projects are subject to commercial negotiations, due diligence, financing arrangements, regulatory approvals and other closing conditions before implementation.
Senmiao Technology (Nasdaq: AIHS) appointed David Nichols as Strategic Advisor effective April 23, 2026, to lead AI data center, digital infrastructure, and new energy strategy.
Nichols brings 25+ years of infrastructure finance and capital markets experience, led a SPAC and a $575 million capital raise, directed deployment of >$1.2 billion in sustainable infrastructure, and has experience structuring multi-hundred-megawatt and gigawatt-scale power solutions.
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.