Canaan miner received a notice of possible delisting from Nasdaq - ForkLog: cryptocurrencies, AI, singularity, future

Froklog · 2026-01-18T11:48:51+00:00

Canaan Inc. received a delisting notice from Nasdaq after its stock traded below the $1 minimum requirement. The company has until July 13 to comply, potentially using a reverse stock split to raise its price.

Froklog

2026-01-18 11:48:51

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# Canaan Miner Receives Notice of Possible Delisting from Nasdaq

The Nasdaq exchange has notified cryptocurrency mining company Canaan Inc. of non-compliance with listing price requirements.

Over the past 30 days, the company’s shares under the ticker CAN have traded below the $1 minimum threshold. At the time of writing, the miner’s stock quotes are around $0.79.

Source: MarketWatch According to the press release, Canaan has until July 13 to restore its performance — shares must remain above $1 for ten consecutive trading days.

If the company fails to meet the requirements, the exchange may extend the deadline upon request with additional conditions.

“The Nasdaq notification does not have an immediate impact on the listing or trading of Canaan’s securities,” clarified company representatives.

Organizations facing a similar issue typically use reverse stock splits to increase their share price. The strategy involves reducing the number of outstanding securities while proportionally increasing the share price.

Canaan is not the only company to receive a warning letter from Nasdaq. In December 2025, DAT firm Kindly MD reported a similar issue.

Recall that in October, Canaan introduced an eco-friendly mining solution. Following the announcement, the company’s shares surged by 40%.

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