July 4, 2022

Mining giant Canaan officially goes public in the U.S. He wants to raise $ 400 million.

Chinese mining equipment manufacturer Canaan Creative has officially filed an application for initial public offering in the USA. A statement was issued by the Securities and Exchange Commission (SEC).

According to the document, Canaan intends to go through the listing on the NASDAQ exchange and raise about $ 400 million through an IPO.

Recall that rumors that Canaan is considering an IPO in the United States appeared at the beginning of the year.