The Hangzhou, China-based company plans to offer 10 million shares at a price between $9 and $11 per share. The company is the second largest Bitcoin mining hardware manufacturer in China, and it’s … As long as the stock stays above the $4.70 area, the bullish scenario is still intact. November 27, 2019 November 27, 2019 Michael Patrini. Cryptocurrency mining equipment manufacturer, Canaan Inc., was recently in the headlines after news of its Initial Public Offering [IPO] application in the United States broke out. The firm earned $24.01 million during the quarter. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. The bitcoin mining machine maker, based in Hangzhou, said in its prospectus on Monday that it plans to list on the Nasdaq Global Select Market under the symbol “CAN”. Latest S1 (IPO) Filings; Latest Activist 13D/G Filings; Latest 13F Filings; Latest Insider Trades; Activist Investor List; LOGIN; US:CAN / Canaan Inc. - SEC Filings, Annual Report, Proxy Statement Security: CAN / Canaan Inc. Overview; Short Interest; SEC Filings . Canaan Inc. CAN - NASDAQ. The latest figure may still be revised prior to its final listing. Canaan Inc. filed for a $400 million initial public offering with the U.S. Securities and Exchange Commission (SEC). CAN Bitcoin Mining … On the IPO’s launch day, Bitcoin traded for under $8,000, the lowest it has been for some time. Price Range. Canaan Inc. IPO Advisory Share this IPO Profile: Smart Search. Adoption. The ClickIPO app is available from Click IPO Securities, LLC, a broker/dealer registered with the SEC and a member of FINRA and SIPC. See Also. Canaan Creative filed a draft F-1 under its official name, Canaan Inc., with the U.S. Securities and Exchange Commission (SEC) to register its initial public offering (IPO), a proposed issuance of American Depository Shares, on July 23, 2019. Hangzhou-based Canaan Inc has let its application for a Hong Kong IPO lapse Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that says the corporate violated the Securities Act of 1933. Canaan Creative’s IPO comes at a time when the market is experiencing difficulty in escaping what appears to be a stagnant phase. Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Are investors shorting Canaan? Bitcoin mining rig producer Canaan Inc. is being sued for allegedly breaking U.S. securities regulations earlier than its preliminary public providing (IPO). Specifically, the company wants to hold an Initial Public Offering (IPO) in New York, but first, they need to be listed in the New York Stock Exchange (NYSE). Canaan Turns to NYSE . The Canaan IPO will issue 10 million shares to the public at a price between $9 and $11. Each ADS represents Class A ordinary shares, par value US$0.00000005 per share,” the filing details. Canaan Inc. a Chinese crypto company that manufactures mining hardware is reportedly considering an IPO in the U.S. Canaan Inc., a China-based Bitcoin mining hardware manufacturer, has just concluded its initial public offering (IPO), selling a total of 10 million American depository shares at $9 each to raise a combined sum of $90 million—this is the lowest end of the $90-110 million range plotted for the IPO. On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. 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