Canaan Inc. Completes Transfer to Nasdaq Capital Market
Canaan Inc. completed the transfer of its American Depositary Shares listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective July 1, 2026. The transfer follows a notification that the company failed to comply with the minimum bid price requirement, as its ADSs closed below US$1.00 for 30 consecutive business days.
Key figures
- Min bid price
- US$1.00
- Shares per ads
- 15
- Initial compliance period days
- 180
- Consecutive days for compliance
- 10
- Additional compliance period days
- 180
AI analysis
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