Canaan Inc. receives an additional 180-day grace period from Nasdaq to regain compliance with the minimum bid requirement.
2026.07.15 21:34:52
Bitcoin miner manufacturer Canaan Inc. announced it has received a written notice from Nasdaq granting an additional 180-day grace period (expiring January 11, 2027) to regain compliance with Nasdaq’s minimum bid requirements. Canaan originally received an initial non-compliance notice from Nasdaq on January 14, 2026, and its initial 180-day grace period expired on July 13. The company transferred its listing segment from Nasdaq Global Market to Nasdaq Capital Market on July 1, and its American Depositary Shares (ADSs) continue to trade on Nasdaq Capital Market under the ticker symbol “CAN”.
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