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    ESP Blockchain Journal
    Home»Noticias»Media: mining giant Cana Creative filed a secret application for an IPO in the US

    Media: mining giant Cana Creative filed a secret application for an IPO in the US

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    By BlockchainJournal on julio 31, 2019 Noticias
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    Canaan Creative, a Chinese manufacturer of mining equipment, has applied for an initial public offering (IPO) in the United States, following which it intends to raise $ 200 million. This is referring to one of the IPO-oriented blogs in WeChat informs The Block .

    According to the posted information, the corresponding confidential application was sent to the US Securities and Exchange Commission (SEC).

    It is worth noting that the information that Canaan Creative is considering the possibility of holding an initial public offering in the United States, appeared in early January.

    In addition, last year the company planned to hold an IPO on the Hong Kong Stock Exchange and raise $ 1 billion. However, in November, the application, without waiting for consideration, was no longer valid.

    Recall, according to media reports , in March, during the next round of financing, Canaan Creative attracted "hundreds of millions of dollars" of investment, after which the company's capitalization allegedly exceeded $ 1 billion.

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