Canaan Creative will be listed on Nasdaq on November 20

According to BlockBeats, multiple sources confirmed that mining machine manufacturer Canaan Creative will be listed on Nasdaq on November 20.

Canaan Creative applied for a U.S. IPO on October 28, with Citigroup, Credit Suisse, Galaxy Digital, and four other companies as sponsors.

BlockBeats has reported that Canaan Creative plans to raise $400 million. According to the company's filing with the U.S. Securities and Exchange Commission, the company achieved revenue of $394 million and net profit of $8.3 million in fiscal 2018.

Original link: https://www.theblockcrypto.com/linked/46552/bitmain-rival-canaan-creative-set-for-nov-20-ipo-on-nasdaq?utm_source=rss&utm_medium=rss

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Canaan Creative will be listed on Nasdaq on November 20

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