 CHENGDU, China, June 18, 2019 PRNewswire -- Senmiao Technology Limited Senmiao AIHS, an operator of an online lending marketplace connecting Chinese investors with individual and small-to-medium-sized enterprise borrowers, and a provider of automobile transactions and related services in China, announced today that it has entered into a securities purchase agreement with six 6 accredited investors with respect to a registered direct public offering of approximately 6.0 million of shares of common stock at a price of 3.38 per share. The Company will issue an aggregate of 1,781,361 shares of common stock to such accredited investors. The Company will also issue to the accredited investors Series A warrants to purchase up to 1,336,021 shares of common stock at an exercise price of 3.72 per share. 