Canaan Inc. Receives Nasdaq Notification Regarding Minimum Bid Requirements
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: PR Newswire
SINGAPORE, Jan. 16, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that on January 14, 2026, it received a written notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the closing bid price of its American depositary shares (the "ADSs") was below US$1.00 per share for the last 30 consecutive business days. The Nasdaq notification letter has no immediate effect on the listing or trading of the Company's securities on Nasdaq.Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a 180-calendar-day compliance period, or until July 13, 2026, to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company's ADSs must meet or exceed US$1.00 per share for at least 10 consecutive business days during the 180-calendar-day compliance period.In
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CAN
News
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at BTIG Research.MarketBeat
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at Rosenblatt Securities. They now have a $4.00 price target on the stock.MarketBeat
- Canaan Inc. Provides December 2025 Bitcoin Production and Mining Operation UpdatesPR Newswire
- Canaan (CAN) Growth Momentum Strengthens Following 3.0 MW Proof-of-Concept Project Announcement [Yahoo! Finance]Yahoo! Finance
- Canaan Inc. to Participate and Present at 28th Annual Needham Growth ConferencePR Newswire
CAN
Earnings
- 11/18/25 - Beat
CAN
Sec Filings
- 1/16/26 - Form 6-K
- 1/14/26 - Form 6-K
- 1/6/26 - Form 6-K
- CAN's page on the SEC website