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Bitcoin Mining Company Canaan Creative Raises $90 Million In U.S. IPO
Summary: On Thursday, Canaan Creative began listing on Nasdaq at $9 under the symbol “CAN,” according to Yahoo Finance. Canaan Creative is listed at the low end of the proposed $9-$11 range. The coin only raised $90 million in their offering of 10 million American depositary shares. While discussing the IPO Zhang Nangen, the CEO of ...
On Thursday, Canaan Creative began listing on Nasdaq at $9 under the symbol “CAN,” according to Yahoo Finance.
Canaan Creative is listed at the low end of the proposed $9-$11 range. The coin only raised $90 million in their offering of 10 million American depositary shares.
While discussing the IPO Zhang Nangen, the CEO of Canaan, said "New York is a place where countless magic is born, and it is also a place to witness countless miracles. I hope that Canaan's listing will also become one of the magical events witnessed in New York,” Nagen also stated, “Since the beginning of its birth, Canaan has struggled for this vision. Capital is one of the key factors to help technology achieve leapfrog development. We hope to gain more (capital) through listing.”
By Ramsey Baker
Tags: Canaan Creative,IPO,Zhan Nangen
Link: Bitcoin Mining Company Canaan Creative Raises $90 Million In U.S. IPO [Copy]
