According to Odaily Planet Daily, Canaan Technology received a notification from Nasdaq on May 13, 2025, stating that its American Depositary Shares had a closing price below $1 for 30 consecutive trading days, which does not comply with listing rule 5550(a)(2). According to rule 5810(c)(3)(A), Canaan Technology must regain compliance by November 10, 2025, which means it needs to have a closing price of at least $1 for at least 10 consecutive trading days within 180 days. The Nasdaq notification does not have a direct impact on the company's securities listed or traded on Nasdaq.