---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-005557"
form_type: "8-K"
ticker: null
cik: "0001761696"
company_name: "Crown Electrokinetics Corp."
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T17:00:53.139042+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Crown Electrokinetics receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- 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.

## SEC filing metadata
- accession: 0001013762-23-005557
- form_type: 8-K
- cik: 0001761696
- company_name: Crown Electrokinetics Corp.
- filed_at: 2023-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761696/000101376223005557/0001013762-23-005557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761696/000101376223005557/ea187092-8k_crownelec.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-005557
- JSON: https://secwatch.observer/filing/0001013762-23-005557.json
- Plain text: https://secwatch.observer/filing/0001013762-23-005557.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761696/000101376223005557/0001013762-23-005557-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.