©2021 Smith + Crown
Cannan produces the Avalon bitcoin miner maker and among the largest manufactures of mining equipment. The company filed a prospectus with the SEC on Oct. 28th; their F-1 Form discloses capital and revenue summaries, risk factors, and project growth strategies, among other information. This is Cannan’s third attempt to go public, with previous attempts through China and Hong Kong withdrawn due to market uncertainties.