Senmiao Technology gets Nasdaq notice over stockholders’ equity shortfall after $35.34 million deficit
Reuters2026/08/24 20:16Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Senmiao received a Nasdaq notice on Aug. 21, 2026 for failing the $2.5 million stockholders’ equity requirement.
- Stockholders’ equity was -$35.34 million as of June 30, 2026, triggering non-compliance with Listing Rule 5550(b)(1).
- A compliance plan is due within 45 days, by Oct. 5, 2026; acceptance could extend the cure period to Feb. 17, 2027.
- The notice does not immediately affect trading, though delisting risk remains if compliance is not restored.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Senmiao Technology Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-093029), on August 24, 2026, and is solely responsible for the information contained therein.
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