CAN CEO, CFO Buy 1.07M Shares
Canaan CEO Nangeng Zhang and CFO James Cheng purchased 1.065 million ADSs in the open market at $0.35 per ADS
CAN CEO And CFO Purchase 1.07M Shares In Open Market • Canaan CEO Nangeng Zhang and CFO James Cheng purchased a combined 1.065 million ADSs in the open market • The shares were acquired at an average price of $0.35 per ADS • The purchases were made in compliance with company trading policies and securities regulations • Management said the purchases reflect confidence in Canaan's long-term strategy and growth opportunities