Canaan Inc. reports Q1 2025 financial results

Published 20/05/2025, 11:34
Canaan Inc. reports Q1 2025 financial results

Canaan Inc (NASDAQ:CAN)., a Singapore-based finance services company, has filed its unaudited financial results for the first quarter of 2025 with the U.S. Securities and Exchange Commission (SEC). In its Form 6-K, submitted on Tuesday, the company disclosed its performance for the month of May 2025.

The company, which operates under the organization name 09 Crypto Assets, provided its financial statements in Exhibit 99.1 as part of the SEC filing. Canaan Inc. has indicated that it will continue to file annual reports under the cover of Form 20-F, which is used by foreign private issuers to provide financial information to the SEC.

The report was signed by Nangeng Zhang, the Chairman and Chief Executive Officer of Canaan Inc., ensuring compliance with the requirements of the Securities Exchange Act of 1934. The company’s business address is listed as 28 Ayer Rajah Crescent, #06-08, Singapore 139959, where its principal executive offices are located.

While the specific details of the financial results were not included in the summary of the SEC filing, investors and interested parties can access the full unaudited financial statements by referring to Exhibit 99.1 of the Form 6-K.

This announcement is based on the information contained in the SEC filing and serves as a regular update that publicly traded companies are required to provide to keep their investors and the market informed of their financial status. Canaan Inc.’s filing is a routine disclosure that aims to maintain transparency with its financial reporting.

As per the SEC regulations, the submission of the Form 6-K ensures that Canaan Inc. adheres to the necessary reporting standards for foreign companies listed in the United States. The company’s filing is available for public viewing on the SEC’s website.

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