Schiff Advises Placement Agent in $170M Registered Direct Offerings by Canaan Inc.
Schiff Hardin LLP acted as counsel to the placement agent in connection with Canaan Inc.’s $170 million registered direct offering of its American Depositary Shares.
Schiff Hardin LLP acted as counsel to the placement agent in connection with Canaan Inc.’s $170 million registered direct offering of its American Depositary Shares. Canaan is a leading high-performance computing solutions provider. The net proceeds from this offering will be used for research and development and expansion of production scale, and working capital and general corporate purposes.
FT Global Capital, Inc. acted as the sole bookrunning placement agent for the offering, which closed on May 5, 2021.
Smart In Your World
Your goals define our mission. Whether an immediate need or a long-term objective, ArentFox Schiff helps you reach your full potential. As industry insiders, we partner with you to develop practical business strategies and sophisticated legal solutions to achieve today’s targets and anticipate tomorrow’s problems. We get you across the finish line.
Contacts
-
Contact:
Courtney Thompson, Marketing Communications Manager
- Related Practices