Senmiao Technology shares surge 11.46% premarket after closing $2.8 million registered direct offering.

Senmiao Technology (AIHS) surged 11.46% in premarket trading following the announcement of a $2.8 million registered direct offering, as reported by GlobeNewswire. This fundraising, which closed recently, may signal investor optimism about the company’s liquidity or strategic initiatives. While the firm also executed a 1-for-10 reverse stock split and formed past partnerships, these events occurred months earlier and are less likely to directly correlate with the current premarket rally. The offering’s timing and scale appear to have driven the sharp upward move.