Woofun AI reports that Bitcoin miner Canaan has transferred its American Depositary Shares from the Nasdaq Global Market to the Nasdaq Capital Market, retaining the CAN ticker. The company applied for a 180-day compliance extension on July 6 following a Nasdaq notice dated January 14, 2026, regarding a 30-day period where the closing price fell below $1. Approval would allow Canaan additional time to maintain a closing price of at least $1 for 10 consecutive trading days.