Canaan raises $7.8 million through stock sales, pauses program until 2026

Go back to Canaan raises $7.8 million through stock sales, pauses program until 2026

Canaan Inc. Provides Updates to At-the-Market Offering Program

October 31, 2025 9:05 AM EDT

Approximately US$7.8 million raised at an average price of approximately US$1.61 per ADS
Company to pause further ATM Sales through 2025

SINGAPORE, Oct. 31, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today provides an update to its at-the-market ("ATM")  offering program.

On October... More