Silver Law Group, a nationally-recognized class action law firm representing investors, is investigating Canaan Inc. (CAN) on behalf of shareholders in the company for potential violations of the federal securities laws.
If you own/ed Canaan Inc. (CAN) shares and have questions regarding your legal rights, or you are in possession of information that is relevant to this matter, contact Silver Law Group for a no-cost consultation at (800) 975-4345 to discuss potential options.
Canaan Inc. (CAN) is a publicly-traded Chinese company that designs and sells Bitcoin mining equipment. The company held its initial public offering (IPO) in November, 2019, raising $90 million. Citigroup Inc., China Renaissance Holdings Ltd., and CMB International Capital Ltd. were lead managers for the offering. The company reportedly lost Credit Suisse Group AG as its lead underwriter before the IPO. Continue reading