AIHS

Securities Purchase Agreement: Senmiao Technology Limited has entered into a securities purchase agreement to issue 1,350,000 shares of common stock and pre-funded warrants for a total of approximately $2.8 million, with the closing expected around November 17, 2025.

Warrants and Stockholder Approval: The company plans to issue warrants for up to 4,510,000 shares, pending stockholder approval, and will hold a special meeting within 45 days after the share sale to obtain this approval.

Use of Proceeds: The net proceeds from the offering will be utilized for general corporate purposes and working capital.

Regulatory Compliance: The shares are being offered under a shelf registration statement with the SEC, and the warrants will be offered under an exemption from registration requirements.

Penny Stocks to Watch: Senmiao Technology, BT Brands, and Urban-gro Inc. are highlighted as top penny stocks to monitor on September 4, 2025, based on their high Dollar Volume and significant stock price increases.

Senmiao Technology: The Chinese tech company saw a 61% stock price surge with a Dollar Volume of $668.75 million, driven by speculation around AI-driven urban mobility and potential partnerships, despite no specific news.

BT Brands: The fast-food company experienced a nearly 64% stock price increase and a Dollar Volume of $318.87 million following the announcement of a merger with Aero Velocity, which will focus on drone and AI technology.

Urban-gro Inc.: The indoor farming specialist's stock rose by 48% with a Dollar Volume of $161.24 million after announcing a $2 million asset sale and measures to address Nasdaq compliance issues, enhancing investor confidence.