【Canaan Technology Announces Completion of $30 Million A-1 Round Preferred Stock Financing】Golden Finance Reports that NASDAQ-listed Canaan Technology (Canaan Inc.) has announced the completion of the previously disclosed A-1 round preferred stock financing, amounting to $30 million. Canaan Technology had signed a securities purchase agreement with an institutional investor on November 19, 2024, agreeing to issue and sell 30,000 shares of Series A-1 convertible preferred stock at a price of $1,000.00 per share. It is reported that the new funds are intended to support the development of digital mining and equipment in North America.