Crown Electrokinetics Corp.: Nasdaq/NYSE listing notice — Crown Electrokinetics receives Nasdaq delisting notice for bid price non-compliance

Crown Electrokinetics Corp.

Received Nasdaq letter on Dec 19, 2024; bid price below $1.00 for 30 consecutive business days.
Ineligible for grace period due to two reverse stock splits >250:1 in past 2 years and Mandatory Panel Monitor status.
Company plans to request a hearing to stay delisting; stock continues trading under 'CRKN' pending process.
No assurance that Panel will grant continued listing or that compliance will be regained.

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), 5815(d)(4)(B)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5815(d)(4)(B)

Exact text from the filing

December 19, 2024, Crown Electrokinetics Corp. (the “Company”) received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, for the thirty (30) consecutive business days prior to the letter, 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”). As previously disclosed on July 26, 2024, on May 7, 2024, the Company attended a hearing (the “Hearing”) before the Nasdaq

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001213900-24-111550

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.