Senmiao Technology Ltd. held its annual meeting of stockholders on April 30, 2025. The meeting included several proposals. The election of Xi Wen, Xiaojuan Lin, Trent D. Davis, Sichun Wang, and Jie Gao to the board of directors was approved. The appointment of Marcum Asia CPAs LLP as the independent registered public accounting firm for the fiscal year ending March 31, 2025, was ratified. Adjustments of exercise prices of the November 2021 Warrants pursuant to the SPA below their Nasdaq Minimum Price were approved. The frequency of conducting future stockholder advisory votes on named executive officer compensation was set for every three years.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.