Simpson Thacher & Bartlett
ICBC TOWER, 35TH FLOOR
3 GARDEN ROAD
HONG KONG
TELEPHONE:+852-2514-7600
FACSIMILE:+852-2869-7694
Direct Dial Number | E-mail Address | |
(852) 2514-7650 | clin@stblaw.com |
November 5, 2019
VIA EDGAR
Division of Corporation Finance
U.S. Securities and Exchange Commission
100 F Street, N.E.
Mail Stop 4561
Washington, D.C. 20549
Attention: | Ms. Kristin Lochhead, Accounting Branch Chief | |
Mr. Brian Cascio, Accounting Branch Chief | ||
Mr. Thomas Jones, Special Counsel | ||
Mr. Geoffrey Kruczek, Special Counsel |
Re: | Canaan Inc. | |
Registration Statement on FormF-1 | ||
Filed October 28, 2019 | ||
FileNo. 333-234356 |
Ladies and Gentlemen:
On behalf of our client, Canaan Inc., an exempted company incorporated under the laws of the Cayman Islands with limited liability (the “Company”), we are filing herewith Amendment No. 1 (“Amendment No. 1”) to the Company’s above-referenced Registration Statement on FormF-1 (the “Registration Statement”) via EDGAR with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”).
We enclose herewith five (5) courtesy copies of Amendment No. 1, which has been marked to show changes to the Company’s Registration Statement filed with the Commission on October 28, 2019 (the “October 28 Filing”).
Simpson Thacher & Bartlett
November 5, 2019
The Company will commence its road show activities on November 13, 2019 and expects to price the initial public offering on or about November 19, 2019. We would greatly appreciate the Staff’s willingness to work with the Company to achieve this offering timetable.
On behalf of the Company, we wish to thank you and the other members of the Staff of the Commission for your prompt review of the October 28 Filing.
Simpson Thacher & Bartlett
November 5, 2019
If you have any question regarding the Registration Statement, please do not hesitate to contact me at+852-2514-7650 (work),+852-9198-4235 (mobile) or clin@stblaw.com (email) or Howie Farn at+852-2514-7668 (work),+852-6710-2672 (mobile) or hfarn@stblaw.com (email).
Very truly yours, |
/s/ Chris K.H. Lin |
Chris K.H. Lin |
Enclosures | ||
cc: | ||
Nangeng Zhang, Chairman and Chief Executive Officer | ||
Jianping Kong, Director andco-chairman | ||
Quanfu Hong, Vice President of Finance | ||
Canaan Inc. | ||
Howie Farn | ||
Yi-Ping Chang | ||
Simpson Thacher & Bartlett | ||
Calvin C. Lai | ||
Valerie Ford Jacob | ||
Freshfields Bruckhaus Deringer | ||
Steven Zhao | ||
PricewaterhouseCoopers Zhong Tian LLP |