Canaan Inc. (NASDAQ: CAN) announced that its Chairman and CEO, Nangeng Zhang, along with CFO Jin “James” Cheng, have collectively purchased 1,065,000 American depositary shares (ADS) in the open market. The shares were acquired at an average price of $0.35 each. This move reflects a significant increase in the executives' holdings of the company's ADS.
Canaan Inc. Executives Acquire Over 1 Million ADS in Market Purchase
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