The post Bitcoin miner Canaan Inc enters Nasdaq delisting window appeared on BitcoinEthereumNews.com.

Canaan Inc., a major player in the Bitcoin mining hardware space, has received a Nasdaq notification regarding non-compliance with the exchange’s minimum bid price requirement.  Nasdaq has now put the company in what is often called a “delisting window.” However, it is crucial to note that the delisting is yet to be enforced.  What does the Nasdaq’s letter mean for Canaan Inc.? For now, the Nasdaq notification letter has no immediate effect on the listing or trading of the company’s securities on Nasdaq, which means there is still time to undo the damage.  Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), Canaan gets a 180-calendar-day compliance period, or until July 13, 2026, to regain compliance with the minimum bid price requirement. For this to happen, the closing bid price of the company’s (American Depositary Shares) ADSs must meet or exceed US$1.00 per share for at least 10 consecutive business days during the 180-calendar-day compliance period. Should Canaan fail to achieve this by July 13, 2026, it could get additional time, but that depends on the determination of the staff at Nasdaq.  To qualify for such a thing, Canaan will need to submit, no later than the expiration date, an online transfer application accompanied by a non-refundable $5,000 application fee.  The company will also have to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement, and provide written notice of its intention to fix the issue during the second compliance period by effecting a reverse stock split if necessary.  During the review process that will follow, Nasdaq staff will determine whether the company has the ability to fix the problem. If they express a lack of faith in its ability to do so, or in the…

---

Filed under: News - @ January 16, 2026 8:27 pm