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Exhibit 107

 

Calculation of Filing Fee Table

 

424(b)(5)

(Form Type)

 

Canaan Inc.

(Exact name of Registrant as Specified in its Charter)

 

Table 1 – Newly Registered Securities and Carry Forward Securities

 

  Security
Type
Security
Class
Title
Fee
Calculation
or Carry
Forward
Rule
Amount
Registered
Proposed
Maximum
Offering
Price Per
Unit
Maximum
Aggregate
Offering
Price
Fee
Rate
Amount of
Registration
Fee
Carry
Forward
Form
Type
Carry
Forward
File
Number
Carry
Forward
Initial
effective
date
Filing Fee
Previously
Paid in
Connection
with Unsold
Securities to
be Carried
Forward
Newly Registered Securities
Fees to Be Paid Equity Class A ordinary share,
par value US$ 0.00000005
per share (1)
Rule 456(b) and 457(r) 105,000,000(2) US$0.00000005 US$5.25(3) 0.00015310 US$0.0008        
  Equity Series A-1 Preferred share,
par value US$ 0.00000005
per share
Rule 456(b) and 457(r) 100,000 US$1,000 US$100,000,000(3) 0.00015310 US$15,310        
  Equity

Class A ordinary share,

par value US$ 0.00000005

per share (4)

 Rule 457(i)  (4) (4) (4) (5) (5)        
Fees Previously Paid        
Carry Forward Securities
Carry Forward Securities    
  Total Offering Amount/Registration Fee   US$100,000,005.25   US$15,310.0008        
  Total Fees Previously Paid              
  Total Fee Offsets       $21,588.74        
  Net Fees Due              

 

 

 

 

(1) American depositary shares issuable upon deposit of Class A ordinary shares registered hereby have been registered under a separate registration statement on Form F–6 (Registration No. 333–283941). Each American depositary share represents fifteen Class A ordinary shares.

 

(2) Includes 105,000,000 Class A ordinary shares, represented by 7,000,000 American depositary shares, being offered to the Buyer. Pursuant to Rule 416(a) under the Securities Act of 1933, as amended, this registration statement shall be deemed to cover any additional number of ordinary shares that may be issued from time to time to prevent dilution as a result of a dilution, split, combination or similar transaction.

 

(3) Calculated in accordance with Rule 457(r) under the Securities Act of 1933, as amended.

 

(4) Includes an indeterminate number of Class A ordinary shares, par value US$0.00000005 per share, of Canaan Inc. issuable upon conversion of 100,000 Series A-1 Preferred Shares being issued to the Buyer. Pursuant to Rule 416(a) under the Securities Act of 1933, as amended, this registration statement shall be deemed to cover any additional number of ordinary shares that may be issued from time to time to prevent dilution as a result of a dilution, split, combination or similar transaction.

 

(5) Pursuant to Rule 457(i) under the Securities Act of 1933, as amended, no separate registration fee is required for the indeterminate number of Class A ordinary shares issuable upon conversion of the Series A-1 Preferred Shares because no additional consideration will be received in connection with the conversion of the Series A-1 Preferred Shares.

 

 

 

 

Table 2: Fee Offset Claims and Sources

 

  Registrant
or Filer
Name
Form or
Filing
Type
File
Number
Initial Filing
Date
Filing Date Fee Offset
Claimed
Security
Type
Associated
with Fee
Offset
Claimed
Security
Title
Associated
with Fee
Offset
Claimed
Unsold
Securities
Associated
with Fee
Offset
Claimed
Aggregate
Offering Amount
Associated with
Fee Offset
Claimed
Fee Paid
with Fee
Offset
Source
 
Rule 457(p)
                       
Fee Offset Claims Canaan Inc. F-3/ASR 333-255470 April 23, 2021 N/A $21,588.74 (1) N/A N/A N/A $146,265,176 N/A
Fee Offset Sources Canaan Inc. 424(b)(5) 333-255470 N/A November 25, 2022 N/A Equity Class A ordinary share, par value US$ 0.00000005 per share N/A N/A US$82,650.00

 

(1) The registrant previously registered $750,000,000 Class A ordinary shares, par value US$ 0.00000005 per shar, by means of a 424(b)(5) prospectus supplement dated November 25, 2022 (the “2022 Prospectus Supplement”), pursuant to a Registration Statement on Form F-3/ASR (File No. 333-255470), filed with the Securities and Exchange Commission on April 19, 2021. In connection with the filing of the 2022 Prospectus Supplement, the registrant made a contemporaneous fee payment in the amount of US$82,650,00. Pursuant to Rule 457(p) under the Securities Act, the registrant claimed offsets in registration fees of US$65,868.72 (which had already been paid and remained unused with respect to the $597,719,805 Class A ordinary shares that were previously registered pursuant to the 2022 Prospectus Supplement and were not sold thereunder) and applied the same to the filing fees payable for $226,200,000  of unsold securities, or the Unsold Securities, of the registrant that had been previously registered pursuant to the registration statement on Form F-3 (File No. 333-278762) initially filed on April 17, 2024, as amended by Amendment No. 1 to Form F-3 filed on September 3, 2024, and declared effective on September 5, 2024, or the Prior Registration Statement, and carried forward to the registration statement on Form F-3/ASR (File No. 333-285125) filed and effective on February 21, 2025, or the Base Prospectus. After deducting (i)$10,892.88 of registration fee paid in connection with the securities already sold pursuant to the Prior Registration Statement (calculated at the filing fee rate in effect at the time of the filing of the Prior Registration Statement), and (ii) $33,387.10 in registration fee applied to the Unsold Securities being carried forward to the Base Prospectus, there is $21,588.74 of fees remaining to be applied to the registration fee due in connection with this registration statement pursuant to Rule 457(p).