Canaan announces entry into agreement for registered direct placement of approximately $170M of Its ADSs and warrants
Canaan announces entry into agreement for registered direct placement of approximately $170M of Its ADSs and warrants
$Canaan Inc(CAN.US)$, a leading high-performance computing solutions provider, today announced it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of approximately $170.0 million of its American Depositary Shares , each ADS representing 15 Class A ordinary shares of the Company, par value US$0.00000005 per share, or US$12.60 per ADS.
$Canaan Inc.(CAN.US)$领先的高性能计算解决方案提供商ADS今天宣布，它已经与某些机构投资者达成了一项证券购买协议，将登记直接配售约1.7亿美元的美国存托股票，每股ADS相当于15股公司A类普通股，面值为每股0.00000005美元，或每股ADS 12.6美元。
The Company has also agreed to issue to the investors warrants to purchase up to an aggregate of 4,047,620 ADSs (representing 60,714,300 Class A Ordinary Shares), at an exercise price of $16.38 per ADS, which Warrants will have a term of three years from the date of issuance.
本公司亦已同意向投资者发行认股权证，以购买合共4,047,620股美国存托凭证(相当于60,714,300股A类普通股)，行使价为每股ADS 16.38美元，认股权证的有效期为自发行日期起计三年。
The offering is expected to close on or about May 3, 2021, subject to customary closing conditions.
根据惯例的成交条件，此次发行预计将于2021年5月3日左右完成。