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Chinese mining machine company eyes the US IPO market

Chinese mining machine company eyes the US IPO market – Invezz

Avalon mining machine maker Canaan Creative seeks to raise $400 million in its new quest for funding This is the third time the Chinese firm is attempting to go public after two failed attempts If successful, Canaan will use the cash to fund its artificial intelligence and bitcoin research activities On the 28 th of this month, Avalon Bitcoin miner manufacturer Canaan Creative filed a $400-million IPO on Nasdaq.