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Nasdaq notifies Senmiao of non-compliance with Listing Rule 5550(b)(1) due to negative $35.3M stockholders' equity
AIHSSenmiao Technology Ltd
Senmiao Technology Limited received a notice from Nasdaq on August 21, 2026, indicating non-compliance with Listing Rule 5550(b)(1) due to stockholders' equity of negative $35,344,336 as of June 30, 2026. The company has until October 5, 2026, to submit a compliance plan and may request an extension up to February 17, 2027. Delisting could reduce liquidity and impair capital access. Senmiao Technology Limited operates in the technology sector.