Canaan Inc. Announces the Execution of a Securities Purchase Agreement
CANCanaan(CAN) Prnewswire·2024-11-20 18:10

Continues expansion of its self-mining expansion and Bitcoin mining machine business in North AmericaSINGAPORE, Nov. 20, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company" or "We"), a leading high-performance computing solutions provider, today announced that it has entered into a securities purchase agreement (the "Securities Purchase Agreement") with an institutional investor (the "Buyer"), pursuant to which the Company shall issue and sell to the Buyer up to 30,000 Series A-1 Prefe ...