Bitcoin mining machine maker Canaan said on July 15 that it had received written notice from Nasdaq granting the company an additional 180-day compliance period to meet the exchange’s minimum bid-price requirement, extending the deadline to Jan. 11, 2027. The company had previously received an initial non-compliance notice on Jan. 14, 2026, and that first 180-day grace period expired on July 13. Canaan also said it transferred its listing from the Nasdaq Global Market to the Nasdaq Capital Market on July 1. Its American depositary shares, or ADSs, continue to trade on the Nasdaq Capital Market under the ticker CAN. The update concerns listing compliance and trading venue status as disclosed by the company.
Bitcoin mining machine maker Canaan said on July 15 that it had received written notice from Nasdaq granting it an additional 180-day period to regain compliance with Nasdaq’s minimum bid-price requirement. The new deadline runs through Jan. 11, 2027.
Canaan had previously received its initial non-compliance notice from Nasdaq on Jan. 14, 2026. The company’s first 180-day compliance period expired on July 13.
The company also said it moved its listing from the Nasdaq Global Market to the Nasdaq Capital Market on July 1. Its American depositary shares continue to trade on the Nasdaq Capital Market under the ticker CAN.
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