Summary by Futu AI
Canaan Inc., a technology company listed under the ticker CAN.US, has formally requested the Securities and Exchange Commission (SEC) to accelerate the effectiveness of its Registration Statement on Form F-3. The company has proposed for the Registration Statement to become effective at 9:00 a.m. Eastern Time on September 5, 2024. This request was made in accordance with Rule 461 of the General Rules and Regulations under the Securities Act of 1933. Canaan Inc. has indicated that any changes to this request will be promptly communicated to the SEC, and that the request for acceleration may be made by an executive officer or an attorney from the company's U.S. counsel, Kirkland & Ellis. The company also acknowledges that the SEC's declaration of effectiveness does not prevent the Commission from taking future action regarding the filing and does not relieve Canaan Inc. of its responsibility for the accuracy of the disclosures. The communication was signed by Nangeng Zhang, the Chairman and Chief Executive Officer of Canaan Inc.