secwatch.observer — SEC 8-K summary
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Issuer:     Crown Electrokinetics Corp. (—)
CIK:        0001761696
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001213900-24-021074
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Electrokinetics Receives Nasdaq Delisting Notice for Low Priced Stock; Plans Appeal
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- Nasdaq notified Crown on March 4 that its stock closed below $0.10 for 10 consecutive trading days through March 1, triggering Listing Rule 5810(c)(3)(A)(iii) delisting.
- Company previously failed $1.00 bid price rule (Oct 2023) and has until April 16, 2024 to regain compliance.
- Crown plans to timely request a hearing before the Nasdaq Hearings Panel to stay delisting; no guarantee of relief.
- Common stock continues trading on Nasdaq under symbol CRKN during the hearing process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761696/000121390024021074/0001213900-24-021074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761696/000121390024021074/ea0201225-8k_crowelect.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-021074

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