Canaan Inc. Enters into Securities Purchase Agreement for Series A-1 Preferred Shares Financing and Completes First Tranche Closing

Provides Company with access to up to US$200 million SINGAPORE, March 10, 2025 /PRNewswire/ — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), an innovator in crypto mining, today announced that the Company had entered into a Securities Purchase Agreement (the “Agreement”) with an…