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(NASDAQ: CAN), the Singapore-based crypto mining company, completed a transfer to the Nasdaq Capital Market on July 6, 2026.
The company simultaneously applied to the Listing Qualifications Department of The Nasdaq Stock Market LLC for an additional 180-day minimum bid price compliance period.
The Compliance Clock The application for an additional 180-day window signals that Canaan has already consumed at least one prior compliance period without satisfying the exchange's minimum bid price requirement.
The Listing Qualifications Department of Nasdaq is the body that processes such requests and determines eligibility for extended timelines. Canaan has not disclosed publicly the outcome of that application.
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