NASDAQ-listed Canaan Inc. announced that it has completed the previously disclosed $30 million Series A-1 preferred stock financing.
On November 19, 2024, Canaan Inc. signed a securities purchase agreement with an institutional investor (buyer), under which the company agreed to issue and sell 30,000 shares of Series A-1 convertible preferred stock at a price of $1,000.00 per share.
Note: The above description is not complete; all content is subject to the full text of the company's 6-K current report released on November 20, 2024. (PRNewswire) #bitcoin