Canaan regains compliance with Nasdaq minimum bid price requirement

Published 16/10/2025, 14:26
Canaan regains compliance with Nasdaq minimum bid price requirement

Canaan Inc. (NASDAQ:CAN) announced it has regained compliance with the minimum bid price requirement for continued listing on the Nasdaq Stock Market. The update was disclosed in a press release statement included in a Form 6-K filing with the U.S. Securities and Exchange Commission.

According to the filing, Canaan received notification from Nasdaq indicating that the company has met the minimum bid price of $1.00 per share over the required period. This compliance ensures that Canaan’s American depositary shares will remain listed on the Nasdaq Global Market.

The company, which is registered in Singapore and operates in finance services related to crypto assets, had previously been notified by Nasdaq regarding non-compliance with the minimum bid price rule. The recent notification confirms that Canaan has remedied the deficiency.

The information in this article is based on a press release statement contained within the SEC filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.