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Crown Electrokinetics Regains Compliance With Nasdaq's Minimum Bid Price Requirement

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Crown Electrokinetics Corp. (NASDAQ:CRKN), a smart glass technology company and fiber optic network expert, has regained compliance with Nasdaq's minimum bid price requirement. The company received a notification letter from Nasdaq's Listing Qualifications Department on July 25, 2024, confirming its compliance with Nasdaq Listing Rule 5550(a)(2). This development ensures Crown's continued listing on the Nasdaq Stock Market, which is important for maintaining investor confidence and market visibility.

Crown Electrokinetics Corp. (NASDAQ:CRKN), un'azienda specializzata in tecnologia delle vetrate intelligenti e reti in fibra ottica, ha riacquistato la conformità ai requisiti di prezzo minimo di Nasdaq. L'azienda ha ricevuto una lettera di notifica dal Dipartimento delle Qualifiche di Quotazione di Nasdaq il 25 luglio 2024, confermando la sua conformità alla Regola di Quotazione 5550(a)(2) di Nasdaq. Questo sviluppo garantisce il mantenimento della quotazione di Crown nel mercato azionario Nasdaq, fondamentale per preservare la fiducia degli investitori e la visibilità nel mercato.

Crown Electrokinetics Corp. (NASDAQ:CRKN), una empresa de tecnología de vidrio inteligente y experta en redes de fibra óptica, ha recuperado la conformidad con el requisito de precio mínimo de Nasdaq. La empresa recibió una carta de notificación del Departamento de Calificaciones de Cotización de Nasdaq el 25 de julio de 2024, confirmando su cumplimiento con la Regla de Cotización 5550(a)(2) de Nasdaq. Este desarrollo asegura la cotización continua de Crown en el Mercado de Valores Nasdaq, lo cual es importante para mantener la confianza de los inversores y la visibilidad en el mercado.

Crown Electrokinetics Corp. (NASDAQ:CRKN)는 스마트 유리 기술 회사이자 광섬유 네트워크 전문 기업으로, Nasdaq의 최소 공모가 요구사항을 충족하였습니다. 이 회사는 2024년 7월 25일 Nasdaq 상장 자격 부서로부터 Nasdaq 상장 규칙 5550(a)(2)에 대한 준수를 확인하는 통지서를 받았습니다. 이 발전은 Crown의 Nasdaq 증권 거래소 상장 지속을 보장하여, 투자자의 신뢰와 시장 가시성을 유지하는 데 중요합니다.

Crown Electrokinetics Corp. (NASDAQ:CRKN), une entreprise spécialisée dans la technologie des vitres intelligentes et experte en réseaux de fibre optique, a récupéré sa conformité avec l'exigence de prix minimum de Nasdaq. L'entreprise a reçu une lettre de notification du Département des Qualifications de Cotation de Nasdaq le 25 juillet 2024, confirmant sa conformité avec la Règle de Cotation 5550(a)(2) de Nasdaq. Ce développement assure la continuité de la cotation de Crown sur le marché boursier de Nasdaq, ce qui est essentiel pour maintenir la confiance des investisseurs et la visibilité sur le marché.

Crown Electrokinetics Corp. (NASDAQ:CRKN), ein Unternehmen für intelligente Glas-Technologie und Experte für Glasfaser-Netzwerke, hat die Konformität mit den Mindestpreisanforderungen von Nasdaq wiedererlangt. Das Unternehmen erhielt am 25. Juli 2024 ein Benachrichtigungsschreiben von der Abteilung für Börsenqualifikationen von Nasdaq, das seine Konformität mit der Nasdaq-Börsenregel 5550(a)(2) bestätigt. Diese Entwicklung sichert die fortdauernde Notierung von Crown an der Nasdaq-Börse, was wichtig ist, um das Vertrauen der Investoren und die Sichtbarkeit auf dem Markt aufrechtzuerhalten.

Positive
  • Regained compliance with Nasdaq's minimum bid price requirement
  • Continued listing on Nasdaq Stock Market secured
Negative
  • None.

LOS ANGELES, July 26, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ:CRKN) ("Crown" or the "Company"), a leading smart glass technology company and an expert in constructing fiber optic networks, today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated July 25, 2024, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2).

About Crown Electrokinetics

Crown is comprised of two divisions, Fiber Optics and Electrokinetics Film. The Electrokinetics Film division is a smart glass technology and the creator of our Smart Window Insert based on its patented electrokinetic film. Crown’s Fiber Optics division is a builder of underground fiber optic networks as well as other utility infrastructure projects.

Safe Harbor Statement:

Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Crown Electrokinetic Corporation undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Crown Electrokinetics Contact:

IR Email: info@crownek.com

SOURCE: Crown Electrokinetics


FAQ

What did Crown Electrokinetics (CRKN) announce on July 26, 2024?

Crown Electrokinetics (CRKN) announced that it regained compliance with Nasdaq's minimum bid price requirement on July 26, 2024.

When did Crown Electrokinetics (CRKN) receive the compliance notification from Nasdaq?

Crown Electrokinetics (CRKN) received the compliance notification from Nasdaq on July 25, 2024.

Which Nasdaq listing rule did Crown Electrokinetics (CRKN) comply with?

Crown Electrokinetics (CRKN) complied with Nasdaq Listing Rule 5550(a)(2), which pertains to the minimum bid price requirement.

What are the main business areas of Crown Electrokinetics (CRKN)?

Crown Electrokinetics (CRKN) is a leading smart glass technology company and an expert in constructing fiber optic networks.

Crown Electrokinetics Corp.

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