PANews|Jan 16, 2026 15:10
[Canaan Inc. Receives Nasdaq Delisting Warning for Stock Price Below $1, Must Regain Compliance Within 180 Days]
According to PRNewswire, cryptocurrency mining machine manufacturer Canaan Inc. (Nasdaq: CAN) has received a notification from Nasdaq stating that its ADS has closed below $1 for 30 consecutive trading days, violating the minimum bid price requirement. The company has been granted a 180-day grace period until July 13, 2026, during which its stock price must close above $1 for 10 consecutive trading days to regain compliance. Failure to meet the requirement or submit a remediation plan may result in delisting.
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