Canaan is making new plans to go public following previous unsuccessful IPO attempt

China's second-biggest mining chip miner Canaan is said to be thinking about trying to go public again, CoinDesk reports. Canaan’s Hong Kong Stock Exchange application lapsed in November; it was reported that the company had been considering a U.S. initial public offering. It is not yet clear whether Canaan is going to go public in China or the U.S. as the company is reportedly considering its options; the company should make its plan public by the end of the year.

However, CoinDesk’s sources said Canaan’s shareholders are considering listing the company on Science and Technology (Sci-Tech) Innovation Board that’s been recently set up within the Shanghai Stock Exchange.

Original source
https://www.theblockcrypto.com/tiny/canaan-is-making-new-plans-to-go-public-following-previous-unsuccessful-ipo-attempt/

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