Senmiao Technology Ltd. Announces 2023 Annual Meeting of Stockholders

TL;DR

Senmiao Technology Ltd. is holding its 2023 Annual Meeting of Stockholders on April 19, 2024, and is urging shareholders to vote.

AI Summary

Senmiao Technology Ltd (AIHS) filed a Proxy Statement (DEF 14A) with the SEC on March 7, 2024. The 2023 Annual Meeting of Stockholders for Senmiao Technology Limited will be held on April 19, 2024. The meeting will take place at 7:00 a.m. Eastern Time at the company's offices in Chengdu, Sichuan, China. Stockholders are invited to attend and vote on matters presented in the proxy statement. Proxy materials, including the annual report on Form 10-K for the fiscal year ended March 31, 2023, are being furnished online. The company encourages stockholders to vote online, by telephone, or by returning their proxy card.

Why It Matters

For investors and stakeholders tracking Senmiao Technology Ltd, this filing contains several important signals. This filing is a definitive proxy statement (DEF 14A), indicating the company is formally soliciting shareholder votes for its annual meeting. The meeting agenda will include the election of Board of Directors nominees and other important company matters, requiring shareholder participation.

Risk Assessment

Risk Level: — Senmiao Technology Ltd shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational disclosures that would indicate high risk.

Analyst Insight

Shareholders should review the proxy materials and vote their shares to ensure their voice is heard on corporate governance matters.

Key Numbers

• 2024-04-19 — Annual Meeting Date (2023 Annual Meeting of Stockholders.)
• 2023-03-31 — Fiscal Year End (Fiscal year ended March 31, 2023.)
• 07:00 — Meeting Time (Eastern Time for the Annual Meeting.)

Key Players & Entities

• Senmiao Technology Ltd (company) — Registrant and filer of the proxy statement.
• Xi Wen (person) — Chairman and Chief Executive Officer, President and Secretary of Senmiao Technology Limited.
• April 19, 2024 (date) — Date of the 2023 Annual Meeting of Stockholders.
• March 31, 2023 (date) — Fiscal year end for the annual report on Form 10-K.
• Chengdu, Sichuan, People's Republic of China (location) — Location of the company's offices and the annual meeting.

FAQ

Risk Factors

• Filing Requirements [low — regulatory]: The company must comply with SEC regulations for proxy statements and annual reports.

Industry Context

Senmiao Technology Ltd. operates in the finance services sector, providing services related to financial transactions and potentially lending or investment activities.

Regulatory Implications

The company is subject to the reporting and disclosure requirements of the U.S. Securities and Exchange Commission (SEC) under the Securities Exchange Act of 1934.

What Investors Should Do

1. Review the proxy statement for details on director nominees and proposals.
2. Vote your shares by the deadline, either online, by phone, or by mail.
3. Contact the company at +86 28 88678707 with any questions regarding the proxy materials.

Key Dates

• 2024-04-19: 2023 Annual Meeting of Stockholders — Key date for shareholder voting and corporate decisions.
• 2024-03-07: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a definitive proxy statement for an upcoming annual meeting, distinct from previous filings that might have been 8-K or 10-K reports.

Key Financial Figures

• $0.0001 — Company’s common stock, par value $0.0001 per share (“Common Stock”),

Filing Documents

• ea0201278-def14a_senmiao.htm (DEF 14A) — 387KB
• image_001.jpg (GRAPHIC) — 30KB
• 0001213900-24-020775.txt ( ) — 429KB

Executive Compensation

Executive Compensation 17 Employment Agreements and Potential Payments Upon Termination 17 Director Compensation 20 Certain Relationships and Related Transactions 20 Vote Required for Approval 20 Proposal 2 Ratification of the Appointment of Marcum Asia CPAs LLP as the Company’s Registered Public Accounting Firm for Fiscal Year Ending March 31, 2024 21 Overview 21 Vote Required for Approval 21 Proposal 3 Amendment No.2 to Company’s 2018 Equity Incentive Plan to Increase Share Reserved under the Plan 22 Highlights of the Equity Incentive Plan 22 Vote Required for Approval 26 Other Information 27 Other Business 27 Deadline for Submission of Stockholder Proposals 27 Stockholder Communications 27 Householding of Proxy Materials 27 Annual Report 28 i SENMIAO TECHNOLOGY LIMITED 16F, Shihao Square, Middle Jiannan Blvd., High-Tech Zone Chengdu, Sichuan, China 610000 +86 28 88678707 PROXY ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON FRIDAY, APRIL 19, 2024 The printed version of these proxy materials are being made available to you by mail in connection with the solicitation of proxies by the Board of Directors (the “Board”) of Senmiao Technology Limited (the “Company,” “we,” “us” or “our” or similar terminology), a Nevada corporation, for our 2023 Annual Meeting of Stockholders (the “Meeting”) to be held at 7:00 a.m. Eastern Time, on Friday, April 19, 2024, at our offices located at 16F, Shihao Square, Middle Jiannan Blvd., High-Tech Zone, Chengdu, Sichuan, People’s Republic of China 610000. QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND THE MEETING What are proxy materials? A proxy statement is a document which includes information that we are required to provide to you under the Securities and Exchange Commission (“SEC”) rules and is designed to assist you in voting your

View Full Filing

View this DEF 14A filing on SEC EDGAR