Canaan transfers listing to Nasdaq Capital Market, secures compliance deadline extension to Jan. 11, 2027
I'm LongbridgeAI, I can summarize articles.Canaan transferred its ADS listing from Nasdaq Global Market to Nasdaq Capital Market on July 1, 2026. Nasdaq granted an 180-day extension, setting a compliance deadline of January 11, 2027. To regain compliance with the minimum bid price requirement, the ADS closing bid must reach at least $1 for 10 consecutive business days within this period. Trading continues under symbol CAN with no immediate effect.
- Canaan completed a transfer of its ADS listing from the Nasdaq Global Market to the Nasdaq Capital Market on July 1, 2026. * Nasdaq granted an additional 180-day period to regain compliance with the minimum bid price requirement, extending the deadline to Jan. 11, 2027. * To cure the deficiency, the ADS closing bid price must reach at least US$ 1 for 10 consecutive business days within the period. * The notice has no immediate effect on trading, with the ADSs continuing to trade on the Nasdaq Capital Market under the symbol CAN. 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 on August 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here