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Nasdaq sends delisting threat to another crypto firm
Yahoo Finance· 2026-01-19 18:49
Crypto mining hardware manufacturer Canaan Inc. (NASDAQ: CAN) has received a delisting warning from Nasdaq. This comes after its shares traded below $1 for 30 consecutive business days. This is the second company in two months that has received a delisting letter from Nasdaq. Related: Nasdaq pushes the U.S. SEC for clear digital asset rules Canaan may seek extra time or a reverse split In a statement, the company said it was notified on Jan. 15 that it failed to meet the exchange’s minimum bid price r ...