Canaan Inc. Regains Nasdaq Compliance After Meeting Minimum Bid Price Requirement

Reuters
Oct 16
Canaan Inc. Regains Nasdaq Compliance After Meeting Minimum Bid Price Requirement

Canaan Inc. announced that it has regained compliance with the Nasdaq minimum bid price requirement. The company received notification from the Nasdaq Listing Qualifications Department confirming that the closing bid price of its American depositary shares (ADSs) had met or exceeded $1.00 for ten consecutive business days, resolving the previous compliance issue. As a result, Nasdaq considers the matter closed and Canaan remains listed on the exchange.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canaan Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN99611) on October 16, 2025, and is solely responsible for the information contained therein.

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