Canaan Inc. received a Nasdaq warning after its CAN shares failed the exchange’s minimum bid price rule.
The company said Nasdaq flagged the stock because its closing bid price stayed below $1 for 30 consecutive business days.
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Nasdaq gave Canaan a 180 calendar day window to regain compliance. The deadline falls on July 13, 2026, based on the company’s disclosure.
To clear the warning, Canaan must get its closing bid price to at least $1.00 for a minimum of 10 consecutive business days during that period.
Canaan Nasdaq delisting warning sets July 13, 2026 compliance clock
Canaan said the notice arrived after Nasdaq determined the company did not meet Nasdaq Listing Rule 5550(a)(2), the minimum bid price standard tied to the $1 threshold.
The company said the notice does not suspend trading right now. Still, it starts a formal process that can lead to delisting if the stock does not recover under the rule’s terms.
CAN last closed above $1 on Nov. 28. In the latest session cited in the report, the stock closed at $0.79, down 3.8% on the day.
Canaan stock price plan can include a reverse stock split
If Canaan fails to regain compliance by July 13, 2026, Nasdaq staff can move toward delisting.
However, the company said it may ask for additional time, if Nasdaq agrees and if the company meets other listing standards.
Canaan also said it could consider “effecting a reverse stock split if necessary.” That action reduces the number of outstanding shares while raising the price per share on a split adjusted basis.
The company framed the situation as a compliance matter tied to the bid price rule.
It did not announce a split decision in the disclosure, and it did not set a specific timeline for any corporate action.
Avalon A15 Pro mining rigs order and the wider mining shift
The warning lands as several crypto mining firms change how they invest.
Many miners have shifted part of their operations toward supplying computing power for artificial intelligence, which has reduced demand for new mining rigs in some cases.
Canaan previously reported a large hardware order that briefly lifted sentiment around the stock.
In October 2025, the company said an unnamed U.S. based buyer ordered more than 50,000 Avalon A15 Pro mining rigs, and the news pushed the shares up about 25% that day, according to reports.
A similar Nasdaq process has affected other crypto linked names.
Kindly MD (NAKA) disclosed in December 2025 that Nasdaq issued a minimum bid price notice, and the company said it had until June 8, 2026 to regain compliance under the same 10 consecutive business days standard.
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Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: January 19, 2026 • 🕓 Last updated: January 19, 2026
