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Canaan Inc. completed its initial public offering on NASDAQ on November 21, 2019, pricing at $9.00 a share.
| Ticker | CAN |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | November 21, 2019 |
| Offering price | $9.00 |
| Shares offered | 10,000,000 |
| Total raised | $90M |
Canaan Inc. sold 10,000,000 shares at $9.00 each on NASDAQ. Multiplied out, that is $90 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $90 million total recorded for the deal.
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Source: SEC EDGAR filings for Canaan Inc.. This page is general information, not investment advice.