Wu Says learns that Canaan announced it has obtained an additional 180-day compliance period from Nasdaq to restore the minimum bid price requirement, valid until January 11, 2027. Previously, Canaan received a notice of non-compliance on January 14, 2026, for failing to meet the Nasdaq Listing Rules 5550(a)(2) requirement, and was granted its first 180-day cure period. The company moved its American Depositary Shares (ADS) listing to the Nasdaq Capital Market on July 1, and its stock ticker CAN will continue trading. If the ADS closing price reaches or exceeds $1 for 10 consecutive trading days, the company will be back in compliance.

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