Senmiao Technology Announces $2.8 Million Registered Direct Offering for General Corporate Purposes.
ByAinvest
Friday, Nov 14, 2025 9:17 am ET1min read
AIHS--
Senmiao Technology Limited has entered into a securities purchase agreement with accredited investors to issue 1,350,000 shares of common stock and pre-funded warrants for $2.8 million. The company also agreed to issue warrants to purchase up to 4,510,000 shares of common stock. The proceeds will be used for general corporate purposes and working capital. The sale of shares is expected to close on November 17, 2025, subject to customary closing conditions.
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