星球日报|Oct 16, 2025 13:39
**[Canaan Inc. Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement]**
Odaily Planet Daily News – Canaan Inc. announced that it has received a written compliance notice from the Nasdaq Stock Market LLC Listing Qualifications Department dated October 15, 2025, confirming that the company’s American Depositary Shares (ADS) have regained compliance with the minimum bid price requirement of $1.00 per share as stipulated in Nasdaq Listing Rule 5450(a)(1) (“Minimum Bid Price Requirement”). According to Nasdaq’s determination, the closing price of Canaan Inc.’s ADS was not less than $1.00 for ten consecutive trading days from October 1 to October 15, 2025. As a result, the matter is closed, and the company has returned to full compliance status. (PRNewswire)
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