Foresight News
Foresight News|Jul 15, 2026 13:17
[Canaan Secures Additional 180-Day Grace Period from Nasdaq to Regain Minimum Bid Price Compliance] Foresight News reports that Bitcoin mining machine manufacturer Canaan Inc. (NASDAQ: CAN) announced it has received written notification from Nasdaq granting an additional 180-day grace period (until January 11, 2027) to regain compliance with Nasdaq's minimum bid price requirement. Previously, Canaan received its initial non-compliance notice from Nasdaq on January 14, 2026, and the initial 180-day grace period expired on July 13. On July 1, the company transferred its listing from the Nasdaq Global Market to the Nasdaq Capital Market, and its ADS continues to trade on the Nasdaq Capital Market under the ticker symbol "CAN".
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