Jia Nan Technology received a strategic investment of 72 million USD, with participation from Galaxy Digital

Jia Nan Technology (NASDAQ: CAN) announced that it has received a strategic investment of a total of $72 million from three well-known institutional investors: Brevan Howard, Galaxy Digital, and Weiss Asset Management.

The investment was completed in the form of direct equity, with an ADS price of $1.131 per share, and does not involve warrants or other derivative instruments.