AIHS completes $2.8M registered direct offering for new capital

Rhea-AI Filing Summary

Senmiao Technology Limited (AIHS) reported that it has completed a registered direct offering, as announced in a press release dated November 20, 2025. The related exhibit describes this as a $2.8 million registered direct offering, indicating that the company has raised new capital through the sale of its securities directly to investors under an effective registration. Details such as the securities sold, pricing, and specific use of proceeds are contained in the referenced press release, which is incorporated by reference into this report.

Insights

Capital markets analyst

AIHS completed a $2.8M registered direct capital raise.

Senmiao Technology Limited has closed a registered direct offering described as a $2.8 million transaction. A registered direct offering typically involves issuing securities directly to institutional or accredited investors under an effective shelf or registration statement.

This kind of transaction brings new capital into the company but may also increase the number of shares outstanding, depending on the structure. Specific terms such as security type, pricing, and any attached warrants are referenced in the incorporated press release, not in this excerpt.

The practical impact will depend on how the new funds compare to Senmiao’s existing size and how they are ultimately deployed, as well as any dilution from additional securities. Further detail is expected in the accompanying press release dated November 20, 2025.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

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

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

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): November 20, 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 November 20, 2025, the Company issued a press release announcing the completion of a registered direct offering. A copy of this press release is furnished as Exhibit 99.1 to this report and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No.		Description
99.1		Press Release Announcing the Closing of a $2.8 Million Registered Direct Offering
104		Cover Page Interactive Data File (embedded within the Inline XBRL document and included as Exhibit 101).

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SIGNATURES

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.

	SENMIAO TECHNOLOGY LIMITED
Date: November 20, 2025	By:	/s/ Xiaoyuan Zhang
	Name:	Xiaoyuan Zhang
	Title:	Chief Financial Officer

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FAQ

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

The company announced that it has completed a registered direct offering and reported this event under Item 8.01 as an other event.

How large was Senmiao Technology Limited’s latest registered direct offering?

The exhibit description refers to a $2.8 million registered direct offering that has been completed.

Where can investors find more details about the AIHS $2.8 million offering?

More details are provided in the press release filed as Exhibit 99.1, which is incorporated by reference into this report.

What type of filing did Senmiao Technology Limited use to report this event?

Senmiao Technology Limited used a Form 8-K, reporting the transaction under Item 8.01 Other Events.

Does this 8-K specify the securities or pricing in the $2.8 million offering for AIHS?

This excerpt does not specify the securities or pricing; those details are referenced in the Exhibit 99.1 press release.