Canaan announces share purchases by CEO, CFO

Jun. 09, 2025 7:42 AM ETCanaan Inc. (CAN) StockBy: Tiyashi Datta, SA News Editor
(<1min)
  • Canaan (NASDAQ:CAN) on Monday said its chairman and chief executive officer, Nangeng Zhang, and its chief financial officer, James Jin Cheng, had purchased additional shares of the company's stock in the open market.
  • Zhang and Cheng together acquired an aggregate of 817,268 American Depositary Shares ("ADSs") at an average price of $0.76 per ADS.
  • CAN +2.55% premarket to $0.6142.
  • Source: Press Release

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