Canaan transfers listing to Nasdaq Capital Market, secures compliance deadline extension to Jan. 11, 2027
CAN•Nasdaq Capital Market transfer and compliance extension
Canaan completed a transfer of its ADS listing from the Nasdaq Global Market to the Nasdaq Capital Market on July 1, 2026.
Nasdaq granted an additional 180-day period to regain compliance with the minimum bid price requirement, extending the deadline to Jan. 11, 2027.
To cure the deficiency, the ADS closing bid price must reach at least US$ 1 for 10 consecutive business days within the period.
The notice has no immediate effect on trading, with the ADSs continuing to trade on the Nasdaq Capital Market under the symbol CAN.
