UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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|
Sichuan, |
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On September 28, 2021, Senmiao Technology Limited (the “Company”) held its annual meeting of shareholders for its fiscal year ended March 31, 2021. Holders of 36,030,790 shares of the Company’s common stock were present in person or by proxy at the Annual Meeting, representing 65.02% of the total outstanding shares of common stock and therefore constituting a quorum of more than a majority of the shares outstanding and entitled to vote at the Annual Meeting as of the record date of August 6, 2021. The final voting results for each matter submitted to a vote of shareholders at the meeting are as follows. Other than proposal 2 below, broker non-votes for each of the other proposals are 17,409,245.
| 1. | A proposal to elect five directors to the Company’s board of directors to hold office until the next annual meeting and until their successors are duly elected and qualified: |
| Director’s Name | Votes For | Votes Withheld | ||
| Xi Wen | 18,375,024 | 246,521 | ||
| Xiaojuan Lin | 18,193,689 | 427,856 | ||
| Trent D. Davis | 18,154,989 | 466,556 | ||
| Sichun Wang | 18,193,282 | 428,263 | ||
| Jie Gao | 18,417,586 | 203,959 |
| 2. | A proposal to ratify the appointment of Friedman LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2022: |
| For | Against | Abstain | ||
| 35,621,474 | 297,545 | 111,771 |
| 3. | A proposal to approve the amendment to the Company’s Articles of Incorporation, as amended, to increase the number of authorized shares of common stock from 100,000,000 shares to 500,000,000 shares, and to correspondingly increase the number of authorized shares of preferred stock from 10,000,000 shares to 50,000,000 shares: |
| For | Against | Abstain | ||
| 17,063,107 | 1,544,837 | 13,601 |
| 4. | A proposal to approve future adjustments of exercise prices of our warrants below their floor prices in accordance with the terms of such warrants: |
| For | Against | Abstain | ||
| 18,040,180 | 563,762 | 17,603 |
Pursuant to the foregoing votes, (i) Xi Wen, Xiaojuan Lin, Trent D. Davis, Sichun Wang and Jie Gao were elected to serve as the Company’s board of directors to hold office until the next annual meeting and until their successors are duly elected and qualified; (ii) Friedman LLP was ratified as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2022; (iii) the amendment to the Company’s Articles of Incorporation, as amended, to increase the number of authorized shares of common stock from 100,000,000 shares to 500,000,000 shares, and to correspondingly increase the number of authorized shares of preferred stock from 10,000,000 shares to 50,000,000 shares was approved; and (iv) future adjustments of exercise prices of our warrants below their floor prices in accordance with the terms of such warrants were approved.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SENMIAO TECHNOLOGY LIMITED | |||
| Date: September 30, 2021 | By: | /s/ Xiaoyuan Zhang | |
| Name: | Xiaoyuan Zhang | ||
| Title: | Chief Financial Officer | ||