Senmiao Technology Ltd. has announced a 1-for-10 reverse stock split, set to take effect on July 29, 2025. The company's common stock will continue trading on the Nasdaq under the symbol "AIHS" with a new CUSIP number 817225303. This adjustment, approved by the Board of Directors, will reduce the number of authorized common shares from 500 million to 50 million, aligning with the split ratio. The reverse split will automatically consolidate every 10 shares into one, affecting all stockholders uniformly.
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