Crown Electrokinetics Corp.: Nasdaq/NYSE listing notice — Nasdaq denies Crown Electrokinetics' listing continuation; trading suspended March 5

Crown Electrokinetics Corp.

Nasdaq Hearings Panel denied continuation; trading suspended at open on March 5, 2025.
Crown plans to seek reconsideration and appeal; stock to trade on OTC Pink from March 5.
Company claims compliance with $1 bid price ($3.40 close Mar 3), >$20M cash, no debt.
Outcome of reconsideration/appeal is uncertain; delisting threatens stock liquidity.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Crown Electrokinetics Corp. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

March 3, 2025, the Company received a letter from the Panel stating that the Panel had determined to deny the Company’s request to continue listing on Nasdaq and that trading in the Company’s common stock will be suspended at the open of trading on March 5, 2025. The Company intends to submit a request for reconsideration to the Panel and to otherwise appeal the determination to the Nasdaq Listing and Hearing Review Council, as necessary. While the Company pursues those processes, trading in the Company’s common stock will be suspended on Nasdaq. As a result of the suspension in trading and ex

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Source: SEC EDGAR

accession 0001213900-25-020228

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