Canaan, one of the leading cryptocurrency mining hardware maker plans to raise $100 million from its Nasdaq IPO. It originally planned to raise $400 million. Now with the revised terms, the company plans to offer 10 million shares at $9 to $11 apiece which will place it at a market...
IPO
The terms for the Canaan U.S. IPO has been released. Plans to raise $100 million by offering 10 million shares at a price range of $9 to $11.
Bitcoin mining manufacturer Canaan will ring the bell at Nasdaq on Nov 20. Canaan Inc filed for a U.S. Initial Public Offering (IPO) on Oct. As per the filing, the company plans to target a $400 million capital raise. Canaan shares are expected to be listed under the symbol “CAN”...
Leading cryptocurrency mining hardware manufacturer, Bitmain is said to have filed an application for its IPO (Initial Public Offering) with the U.S. SEC. According to Tencent News, Deutsche Bank is the sponsor of the Bitmain’s application. Bitmain had a failed attempt for its IPO with the Hong Kong stock exchange...
Canaan Inc, the second-largest manufacturer of Bitcoin mining machines with a 21.9% market share in H1 2019 filed for a U.S. IPO (Initial Public Offering). According to the filing, the company plans to target $400 million of capital raise and list on Nasdaq Global Market under the symbol ‘CAN’. Proceeds from...