Canaan Receives 180-Day Nasdaq Extension to Meet Minimum Bid Requirement
2026-07-15 13:24:31
Bitcoin mining hardware manufacturer Canaan (NASDAQ: CAN) has received a written notice from Nasdaq granting an additional 180-day grace period, until January 11, 2027, to regain compliance with the exchange's minimum bid price requirement. According to Foresight News, Canaan initially received a non-compliance notice from Nasdaq on January 14, 2026, and the original 180-day grace period expired on July 13. The company transferred its listing from the Nasdaq Global Market to the Nasdaq Capital Market on July 1, and its American depositary shares continue to trade on the Nasdaq Capital Market under the ticker symbol CAN.
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