Canaan Inc. Announces Pricing of Initial Public Offering
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: PR Newswire
HANGZHOU, China, Nov. 21, 2019 /PRNewswire/ -- Canaan Inc. (Nasdaq: CAN) ("Canaan" or the "Company"), a leading high-performance computing solution provider, today announced the pricing of an underwritten public offering of 10,000,000 American Depositary Shares ("ADSs"), each representing 15 Class A ordinary shares, at US$9.0 per share for a total offering size of US$90,000,000, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs have been approved for listing on the NASDAQ Global Market and are expected to begin trading today under the ticker symbol "CAN." The underwriters have been granted an option, exercisable within 30 days from the date of the final prospectus, to purchase up to an additional 1,500,000 ADSs at the initial public offering price less the underwriting discounts and commissions.Citigroup Global Markets Inc., China Renaissance Securities (Hong Kong) Ltd., CMB International Capital Ltd. are acting as active joint bookrunners of
Show less
Read more
Impact Snapshot
Event Time:
CAN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAN alerts
High impacting Canaan Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
CAN
News
- Canaan Inc. to Report Third Quarter 2024 Financial Results on November 20, 2024PR Newswire
- Is Canaan Inc. (CAN) the Best Cryptocurrency Stock to Buy According to Wall Street? [Yahoo! Finance]Yahoo! Finance
- Canaan Inc. Signs Agreement with HIVE for Avalon A1566 MinersPR Newswire
- Canaan Upgraded Avalon Miner A15 Series with Superior PerformancePR Newswire
- Canaan Upgraded Avalon Miner A15 Series with Superior PerformancePR Newswire
CAN
Earnings
- 8/15/24 - Beat
CAN
Sec Filings
- 11/1/24 - Form 6-K
- 10/24/24 - Form SC
- 9/30/24 - Form 6-K
- CAN's page on the SEC website