Canaan Announces Proposed Share Purchase by Management [Yahoo! Finance]
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: Yahoo! Finance
Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, and Mr. James Jin Cheng , Chief Financial Officer of Canaan, informed the Company their intention to use their personal funds to jointly purchase no less than US$2 million of the Company's Class A ordinary shares represented by American depositary shares ("ADSs"), each ADS representing 15 of the Company's Class A ordinary shares, subject to the Company's insider trading policy and in compliance with legal guidelines. "We believe that the Company is deeply undervalued, providing a rare investment opportunity for us to pursue," said Mr. Nangeng Zhang. "The Company is making good progress in streamlining the manufacturing of A14 series mining machines that were previously ordered under contract sales, including bulk orders from public company customers. Additionally, we are eager to see the testing result of the next generation A15 series units, and we are also developing the A16 series in the R&D pipeline. Following our us
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CAN
News
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Canaan Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
- Canaan Announces Proposed Share Purchase by ManagementPR Newswire
- Canaan Makes Statement Regarding Shelf Registration Submission [Yahoo! Finance]Yahoo! Finance
- Canaan Makes Statement Regarding Shelf Registration SubmissionPR Newswire
- Canaan Makes Statement Regarding Shelf Registration SubmissionPR Newswire
CAN
Earnings
- 2/27/24 - In-Line
CAN
Sec Filings
- 4/22/24 - Form 6-K
- 4/17/24 - Form F-3
- 4/17/24 - Form 20-F
- CAN's page on the SEC website