Canaan CEO Zhang and CFO Cheng Purchase Shares in Open Market
Canaan Inc. chairman and CEO Nangeng Zhang and CFO Jin Cheng purchased additional shares of the crypto mining company in the open market, the company announced June 24. The company did not disclose share counts, prices, or transaction values.
Canaan Inc. chairman and chief executive officer Nangeng Zhang and chief financial officer Jin Cheng purchased additional shares of the crypto mining company in the open market, Canaan announced June 24 [1]. The purchases were made in compliance with the company's internal trading policies and applicable securities regulations [1].
The Singapore-based miner did not disclose the number of shares acquired, the purchase price, or the total dollar value of the transactions. Zhang and Cheng executed the buys recently, according to the announcement [2].
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