Canaan Receives Non-Compliance Notice From Nasdaq Over Minimum Bid Price Requirement

MT Newswires Live

01/16

Canaan (CAN) said Friday that it received a notice from Nasdaq (NDAQ) over its non-compliance with Nasdaq's minimum bid price requirement.

The company said it has 180 days, through July 13, to regain compliance with the listing rule and that it plans to take "all reasonable measures" to comply.

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