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Canaan Technology receives an additional 180-day grace period from Nasdaq to restore the minimum bid requirement
BlockBeats message: On July 15, bitcoin mining rig manufacturer Canaan Technology announced that it has received a written notice from Nasdaq, granting an additional 180-day grace period (until January 11, 2027) to restore compliance with Nasdaq’s minimum bid requirement.
Previously, on January 14, 2026, Canaan Technology received Nasdaq’s initial non-compliance notice, and the initial 180-day grace period expired on July 13. The company transferred its listing segment from the Nasdaq Global Market to the Nasdaq Capital Market on July 1, and its ADS continues to trade on the Nasdaq Capital Market under the code “CAN.”