Welcome to our dedicated page for Canaan SEC filings (Ticker: CAN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Canaan Inc.’s SEC filings document a foreign private issuer whose business centers on ASIC chip design, Avalon mining equipment, computing hardware, software services, and bitcoin mining operations. Its Form 20-F annual reports and Form 6-K current reports disclose operating results, mining production metrics, cryptocurrency treasury balances, power capacity, fleet efficiency, customer and R&D collaborations, and risk-related business updates.
The filings also record ADS and Class A ordinary share matters, registration-statement incorporation, open-market management purchases, share repurchase activity, beneficial ownership references, and material transactions such as Canaan’s completed acquisition of interests in the Alborz, Bear and Chief Mountain mining projects. Other current reports address Nasdaq minimum bid-price notifications and foreign-issuer governance and reporting obligations.
Canaan Inc. reports that Nasdaq granted an additional 180-day period, until January 11, 2027, to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The company currently meets other Nasdaq listing standards, including market value of publicly held shares.
The company's American Depositary Shares, each representing 15 Class A ordinary shares, continue to trade on the Nasdaq Capital Market under the symbol CAN following a transfer from the Nasdaq Global Market effective July 1, 2026. Compliance will be restored if the closing bid price is at least US$1.00 per ADS for a minimum of ten consecutive business days, and the company plans to monitor its bid price and evaluate available options during this second compliance period.
Canaan Inc. reported June 2026 operating metrics for its bitcoin mining and infrastructure business. The company mined 64 BTC during the month and, after operating costs and receiving BTC as payment for miner sales, increased its cryptocurrency treasury by 49 BTC to record holdings of 1,915 BTC and 3,952 ETH.
Non-joint-venture installed hashrate reached 10.05 EH/s with operating hashrate of 3.36 EH/s, while joint-venture operations with WindHQ operated at 4.09 EH/s against 4.81 EH/s installed, reflecting recovery after prior wildfire-related disruptions. Average all-in power cost was US$0.043/kWh, and North American non-JV miner efficiency was 17.9 J/TH.
Canaan completed a transfer of its ADS listing to the Nasdaq Capital Market and applied for an additional 180-day period to regain compliance with Nasdaq’s minimum bid price requirement. The CEO and CFO together bought 1,065,000 ADSs in the open market at an average of US$0.35 per ADS. The company also highlighted an approximately 8 MW Nordic district heating project using its hash-to-heat technology, building on an initial 2 MW deployment and a follow-on 6 MW order.
Canaan Inc. has transferred the listing of its American Depositary Shares from the Nasdaq Global Market to the Nasdaq Capital Market, effective at the open of trading on July 1, 2026. The ADSs continue trading under the ticker “CAN” and represent 15 Class A ordinary shares each.
The move follows a January 2026 Nasdaq notice that Canaan was below the US$1.00 minimum bid price for 30 consecutive business days. Canaan received an initial 180-day cure period to July 13, 2026 and, after the transfer, applied on July 6, 2026 for an additional 180-day compliance period.
If Nasdaq grants this extension, Canaan can regain compliance by maintaining a closing bid of at least US$1.00 for a minimum of 10 consecutive business days within the applicable period. Management states it remains committed to its long-term strategy and to regaining compliance while pursuing its broader energy-plus-compute roadmap.
Canaan Inc. reports that its chairman and CEO, Nangeng Zhang, and CFO, Jin “James” Cheng, have purchased a total of 1,065,000 American Depositary Shares (ADSs) in the open market at an average price of US$0.35 per ADS. The company notes that the trades complied with its internal trading policies and applicable securities regulations and states that these continued purchases reinforce the executives’ alignment with shareholders. Management links the buying to confidence in Canaan’s long-term strategy, highlighting expansion from ASIC mining hardware into mining infrastructure, energy-related initiatives, and broader compute opportunities.
Canaan Inc. Chief Executive Officer Zhang Nangeng reported open-market purchases of American Depositary Shares (ADS). He bought 250,000 ADS on June 17, 2026 at $0.34 per ADS and another 250,000 ADS on June 18, 2026 at $0.33 per ADS, for a total of 500,000 ADS. Following these transactions, he directly holds 3,301,635 ADS. Each ADS is convertible at any time into 15 Class A ordinary shares, and the ADS have no expiration date.
Canaan Inc.’s Chief Executive Officer Zhang Nangeng reported notable insider buying of the company’s American Depositary Shares (ADS). He made two open-market purchases of 250,000 ADS each at $0.35 per ADS on June 15 and June 16, totaling 500,000 ADS. Following these transactions, his direct holdings increased to 2,801,635 ADS. Each ADS is convertible at any time, at the holder’s election, into 15 Class A ordinary shares of Canaan, and the ADS have no expiration date.
Canaan Inc. Chief Financial Officer Cheng Jin reported an open-market purchase of 65,000 American Depositary Shares at $0.35 per share on June 15, 2026. Following this transaction, his direct holdings total 1,080,008 ADS. Each ADS is convertible into 15 Class A ordinary shares with no expiration date.
Canaan Inc. filed Post-Effective Amendment No. 6 to its Form F-3 registration statement (Registration No. 333-285125) on June 16, 2026. The amendment is an exhibits-only filing to correct typographical errors in the consent of KPMG Huazhen LLP attached as Exhibit 23.1 to Amendment No. 5; no new securities were registered.
Canaan Inc. filed Post-Effective Amendment No. 5 to its Form F-3 registration statement (Registration No. 333-285125) as an exhibits-only filing dated June 15, 2026. The amendment files an updated auditor consent as Exhibit 23.1 and states no additional securities are being registered. The registration permits offers from time to time after the effective date. The filing also restates indemnification provisions for directors and officers and confirms previously filed registration fees have been paid.