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Nasdaq grants Canaan an additional 180-day compliance period for minimum bid price

CANCanaan Inc.

Canaan Inc. received an additional 180-day compliance period from Nasdaq to regain compliance with the minimum bid price requirement. This extension follows the company's efforts to address its listing status regarding minimum market value requirements. Canaan Inc. is a technology company that specializes in the design and development of semiconductor chips and mining hardware.

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