Simpson Thacher & Bartlett
ICBC TOWER, 35TH FLOOR
3 GARDEN ROAD
HONG KONG
TELEPHONE:+852-2514-7600
FACSIMILE:+852-2869-7694
Direct Dial Number (852) 2514-7650 | E-mail Address clin@stblaw.com |
November 20, 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. Geoffrey Kruczek, Special Counsel | ||
Mr. Jay Ingram, Legal Branch Chief | ||
Re: | Canaan Inc. | |
Amendment No. 4 to Registration Statement on FormF-1 | ||
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. 4 (“Amendment No. 4”) to the Company’s above-reference 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”).
Simpson Thacher & Bartlett
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November 20, 2019
We enclose herewith five (5) courtesy copies of Amendment No. 4, which has been marked to show changes to the Company’s Amendment No. 3 to the Registration Statement filed with the Commission on November 18, 2019 (the “November 18 Filing”).
The Company has revised the number of investors who have indicated their interest in purchasing over 5% of the ADSs being offered in the offering to fourteen investors on page 174 of Amendment No. 4.
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Simpson Thacher & Bartlett
November 20, 2019
If you have any question regarding Amendment No. 4, 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
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