Crown Electrokinetics Regains Compliance With Nasdaq's Minimum Bid Price Requirement
July 26 2024 - 9:15AM
Crown Electrokinetics Corp. (
NASDAQ:CRKN) ("Crown"
or the "Company"), a leading smart glass technology company
and an expert in constructing fiber optic networks, today
announced that it has received a notification letter (the
"Compliance Notice") from the Listing Qualifications Department of
the Nasdaq Stock Market Inc. ("Nasdaq") dated July 25, 2024,
informing the Company that it has regained compliance with the
Nasdaq Listing Rule 5550(a)(2).
About Crown Electrokinetics
Crown is comprised of two divisions, Fiber Optics and
Electrokinetics Film. The Electrokinetics Film division is a smart
glass technology and the creator of our Smart Window Insert based
on its patented electrokinetic film. Crown’s Fiber Optics division
is a builder of underground fiber optic networks as well as other
utility infrastructure projects.
Safe Harbor Statement:
Statements in this news release may be "forward-looking
statements". Forward-looking statements include, but are not
limited to, statements that express our intentions, beliefs,
expectations, strategies, predictions, or any other statements
relating to our future activities or other future events or
conditions. These statements are based on current expectations,
estimates and projections about our business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and are likely to, differ materially from
what is expressed or forecasted in forward-looking statements due
to numerous factors. Any forward-looking statements speak only as
of the date of this news release and Crown Electrokinetic
Corporation undertakes no obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
news release.
This press release does not constitute a public offer of any
securities for sale. Any securities offered privately will not be
or have not been registered under the Act and may not be offered or
sold in the United States absent registration or an applicable
exemption from registration requirements.
Crown Electrokinetics Contact:
IR Email: info@crownek.com
SOURCE: Crown Electrokinetics
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