Canaan Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $226.9M
- Price
- $0.31
- % Change (Daily % change from the live per-ticker quote feed.)
- -4.38%
- Volume
- 6.4M
About
Canaan Inc. operates as a holding company, primarily engaged in the design, production, and sale of Bitcoin mining hardware, in addition to supplying various associated services. A key focus for the company is the advancement and implementation of environmentally conscious mining practices. This firm was co-founded by Jia Xuan Li, Xiang Fu Liu, and Nan Geng Zhang on January 19, 2013, and its corporate headquarters are situated in Singapore.
Quick stats
Shares outstanding731.9M
Computed float731.9M
Float / shares100.0%
Key info
SectorTechnology
IndustryComputer Hardware
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001780652
Websitehttp://www.canaan.io
AI Summary
AI-generated1/40
minorbearishoffering
Canadian Gold Resources Announces Repricing of Private Placement
Canadian Gold Resources repriced its non-brokered private placement to CDN$0.0675 per share — 1,481,482 shares for gross proceeds of up to CDN$100,000.
All shares will be subscribed by two of the company's own directors as accredited investors, making this a related party transaction exempt from formal valuation and minority approval under MI 61-101.
Proceeds go to general working capital. With only ~58 million shares outstanding, the CDN$100K raise is immaterial in size but underscores the company's reliance on insider funding to cover operating expenses.
Red flags
- offering repriced to reflect depressed market price — signals share-price weakness
- entire placement subscribed by insiders (two directors) — related party transaction
- micro-capital raise (CDN$100K) for general working capital suggests funding stress at a pre-revenue junior explorer