December 5, 2023

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

Chinese mining equipment manufacturer Canaan Creative has officially applied to host theinitial public offering in the USA. The corresponding statement was published 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.