Senmiao Technology, a early-stage Chinese marketplace for peer-to-peer lending, filed on Monday with the SEC to raise up to $20 million in an initial public offering.
The Chengdu, China-based company was founded in 2014 and booked $0.1 million in sales for the 12 months ended June 30, 2017. It plans to list on the Nasdaq under the symbol AIHS. Senmiao Technology filed confidentially on July 25, 2017. ViewTrade is the sole bookrunner on the deal. No pricing terms were disclosed.
