Senmiao Technology (NASDAQ: AIHS) regains Nasdaq listing compliance

Rhea-AI Filing Summary

Senmiao Technology Limited reported that it has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement. Nasdaq notified the company that its common stock closed at or above $1.00 per share for 10 consecutive business days from July 29, 2025 to August 11, 2025, satisfying the continued listing standard, and the matter is now closed. Earlier, Nasdaq had warned that the stock traded below $1.00 for 30 consecutive business days between June 13, 2025 and July 28, 2025, giving the company until January 26, 2026 to fix the issue, but the company achieved compliance well before that deadline.

Positive

• Nasdaq compliance restored: The company regained compliance with Nasdaq’s $1.00 minimum bid price rule after maintaining the required price level for 10 consecutive business days, closing a prior deficiency notice and reducing delisting risk.

Negative

• None.

Insights

Equity market structure analyst

Regaining Nasdaq bid price compliance removes an immediate delisting risk.

Senmiao Technology Limited received confirmation from Nasdaq that its common stock met the minimum bid price of $1.00 per share for 10 consecutive business days ending August 11, 2025. This restores full compliance with the Nasdaq Capital Market’s bid price rule and closes the prior deficiency matter.

Previously, the stock had traded below $1.00 for 30 straight business days between June 13, 2025 and July 28, 2025, triggering a notice that allowed until January 26, 2026 to regain compliance. Achieving the price requirement months before that deadline reduces uncertainty related to potential delisting and keeps the shares listed on Nasdaq under the current rules.

Future disclosures in company filings may provide context on how the share price performance aligns with the company’s operating results and any corporate actions that may have contributed to restoring compliance.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

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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 8.01 Other 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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FAQ

What did Senmiao Technology Limited (AIHS) announce in this 8-K filing?

The company announced that Nasdaq notified it has regained compliance with the Nasdaq Capital Market’s minimum $1.00 bid price requirement for its common stock, and that the compliance matter is now closed.

How did AIHS regain compliance with Nasdaq’s minimum bid price rule?

Nasdaq confirmed that Senmiao Technology’s common stock maintained a closing bid price of at least $1.00 per share for 10 consecutive business days from July 29, 2025 to August 11, 2025, satisfying the exchange’s minimum bid price requirement.

What prior Nasdaq deficiency did Senmiao Technology face?

Between June 13, 2025 and July 28, 2025, the company’s common stock closed below $1.00 per share for 30 consecutive business days, leading Nasdaq to issue a notice that the company was not in compliance with its continued listing rule.

What deadline had Nasdaq given AIHS to fix the bid price issue?

Nasdaq had provided the company with 180 calendar days, until January 26, 2026, to regain compliance with the minimum bid price rule before further listing actions might be considered.

What does Nasdaq’s confirmation mean for AIHS shareholders?

Nasdaq’s confirmation means Senmiao Technology currently meets the exchange’s minimum bid price standard, the prior deficiency matter is closed, and its common stock continues to be listed on the Nasdaq Capital Market under this rule.

Which Senmiao Technology security is listed on Nasdaq and affected by this notice?

The notice relates to the company’s common stock, par value $0.0001 per share, which trades on the Nasdaq Capital Market under the trading symbol AIHS.