---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-049082"
form_type: "8-K"
ticker: null
cik: "0001761696"
company_name: "Crown Electrokinetics Corp."
filed_at: "2023-06-15T23:59:59+00:00"
generated_at: "2026-06-14T00:25:59.047378+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Crown Electrokinetics raises ~$3.08M via Series F-1 and F-2 convertible preferred stock offerings

## Summary
- Issued 3,583 Series F-1 shares at $1,000 each for ~$2.33M; investors also get warrants for 23.9M shares at $0.1499.
- Issued 1,153 Series F-2 shares for ~$749k; investors get warrants for 7.5M shares at $0.1538.
- Preferred pays 10% annual dividend, increasing 30% per quarter after 18 months if still outstanding.
- Filed Certificate of Amendment to increase authorized common shares to 800,000,000.

## SEC filing metadata
- accession: 0001213900-23-049082
- form_type: 8-K
- cik: 0001761696
- company_name: Crown Electrokinetics Corp.
- filed_at: 2023-06-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761696/000121390023049082/0001213900-23-049082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761696/000121390023049082/ea180330-8k_crownelect.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-049082
- JSON: https://secwatch.observer/filing/0001213900-23-049082.json
- Plain text: https://secwatch.observer/filing/0001213900-23-049082.txt

## Key facts
- Governance Changes
  Crown Electrokinetics Corp.: Increased authorized shares of common stock from an unspecified amount to 800,000,000 shares (effective 2023-06-09).
  - Change: charter amendment
  - Effective: 2023-06-09
  source text: on June 9, 2023, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware to amend its Articles of Incorporation, as amended, to increase the number of authorized shares of common stock, par value $0.0001 per share, to 800,000,000 shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761696/000121390023049082/0001213900-23-049082-index.htm
- Material Agreements
  Crown Electrokinetics Corp. entered into Securities Purchase Agreement with certain accredited investors valued at aggregate purchase price of approximately $2,327,760 (effective 2023-06-13).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain accredited investors
  - Value: aggregate purchase price of approximately $2,327,760
  - Effective: 2023-06-13
  source text: On June 13, 2023, Crown Electrokinetics Corp. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain accredited investors (the “Purchasers”), pursuant to which, at the closing of the transactions contemplated by the Purchase Agreement (the “Closing”) the Purchasers agreed to purchase an aggregate of 3,583 shares of the Company’s newly created Series F-1 Convertible Preferred Stock (“Series F-1 Preferred Stock”) for an aggregate purchase price of approximately $2,327,760.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761696/000121390023049082/0001213900-23-049082-index.htm

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