Bitcoin Miner Canaan Receives Nasdaq Delisting Warning Over Sub-$1 Share Price
Canaan Inc. (NasdaqGM:CAN) has received a fresh warning from Nasdaq over its sub-$1 share price. The company has kept its listing for now and can avoid delisting, while its stock trades under the threshold in Friday’s session. Singapore-based crypto mining hardware maker Canaan Inc. said it received a written notice from Nasdaq on Jan. 14, 2026. The notice stated that its American depositary shares (ADSs) no longer meet the minimum bid requirement under Listing Rule 5550(a)(2). The company ADSs have clo ...