Canaan Announces Closing of Registered Direct Offering of US$170.0 Million of its ADSs and Warrants

BEIJING, May 5, 2021 /PRNewswire/ — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today announced for the closing of a registered direct offering of $170.0 million of its American Depositary Shares (“ADS”), each ADS…

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