Crown Electrokinetics Corp.: Nasdaq/NYSE listing notice — Crown Electrokinetics receives Nasdaq deficiency notice for bid price below $1.00

Crown Electrokinetics Corp.

Received Nasdaq letter on Oct 19, 2023 for non-compliance with Bid Price Rule; stock closed below $1.00 for 30 consecutive business days.
Initial 180-day compliance period ends April 16, 2024; can regain if bid price closes at $1.00+ for 10 consecutive days.
If not cured, company may seek additional 180-day period; failure could lead to delisting.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Crown Electrokinetics Corp. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

October 19, 2023, Crown Electrokinetics Corp. (the “Company”) received a letter (the “Nasdaq Staff Deficiency Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, for the last thirty (30) consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until April 16, 2024, to re

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001013762-23-005557

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.