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Canaan Receives Nasdaq Noncompliance Notice
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Canaan Receives Nasdaq Noncompliance Notice
May 26, 2025 9:51 AM

04:53 PM EDT, 05/16/2025 (MT Newswires) -- Canaan (CAN) received a notice from Nasdaq for noncompliance with minimum bid requirements.

To regain compliance, the closing bid price of American depositary shares must at least be $1 for at least 10 consecutive business days by Nov. 10, the company said Friday in a statement.

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