Crown Reminds Shareholders to Vote Ahead of Special Meeting on January 14th
Crown Electrokinetics (NASDAQ: CRKN) has issued a important reminder to shareholders regarding the upcoming Special Meeting of Stockholders scheduled for January 14, 2025, at 10:00 a.m. Eastern Time. The company is seeking shareholder approval on key proposals, most notably a reverse stock split aimed at maintaining its Nasdaq listing status.
CEO and Chairman Doug Croxall emphasized that approving the reverse stock split is vital for strengthening Crown's market position, meeting listing requirements, attracting new investors, and enhancing financial flexibility. The company's Board of Directors and management strongly recommend voting FOR all proposals, viewing them as essential for Crown's long-term success.
Shareholders can vote electronically through www.proxyvote.com or by phone at 1-800-690-6903, using their control number found on their proxy card. Additional voting assistance is available through Crown's Investor Relations team at ir@crownek.com.
Crown Electrokinetics (NASDAQ: CRKN) ha emesso un importante promemoria agli azionisti riguardo alla prossima Assemblea Straordinaria degli Azionisti, programmata per il 14 gennaio 2025, alle 10:00 ora orientale. L'azienda sta cercando l'approvazione degli azionisti su proposte chiave, in particolare un riparto azionario inverso mirato a mantenere il proprio status di quotazione su Nasdaq.
Il CEO e Presidente Doug Croxall ha sottolineato che approvare il riparto azionario inverso è fondamentale per rafforzare la posizione di mercato di Crown, soddisfare i requisiti di quotazione, attrarre nuovi investitori e migliorare la flessibilità finanziaria. Il Consiglio di Amministrazione e la direzione dell'azienda raccomandano vivamente di votare A FAVORE di tutte le proposte, considerandole essenziali per il successo a lungo termine di Crown.
Gli azionisti possono votare elettronicamente attraverso www.proxyvote.com o telefonicamente al numero 1-800-690-6903, utilizzando il proprio numero di controllo trovato sulla scheda di voto. Ulteriore assistenza per il voto è disponibile tramite il team delle Relazioni con gli Investitori di Crown all'indirizzo ir@crownek.com.
Crown Electrokinetics (NASDAQ: CRKN) ha emitido un recordatorio importante a los accionistas sobre la próxima Junta Especial de Accionistas programada para el 14 de enero de 2025, a las 10:00 a.m. hora del Este. La compañía está buscando la aprobación de los accionistas sobre propuestas clave, siendo la más notable un dividendo en acciones inverso destinado a mantener su estatus de cotización en Nasdaq.
El CEO y Presidente Doug Croxall enfatizó que aprobar el dividendo en acciones inverso es vital para fortalecer la posición de mercado de Crown, cumplir con los requisitos de cotización, atraer nuevos inversores y mejorar la flexibilidad financiera. El Consejo de Administración y la dirección de la empresa recomiendan encarecidamente votar A FAVOR de todas las propuestas, considerándolas esenciales para el éxito a largo plazo de Crown.
Los accionistas pueden votar electrónicamente a través de www.proxyvote.com o por teléfono al 1-800-690-6903, utilizando su número de control que se encuentra en su tarjeta de proxy. Asistencia adicional para votar está disponible a través del equipo de Relaciones con Inversores de Crown en ir@crownek.com.
Crown Electrokinetics (NASDAQ: CRKN)는 2025년 1월 14일 오전 10시(동부 표준시)로 예정된 주주 특별 회의에 대해 주주에게 중요한 알림을 발송했습니다. 이 회사는 나스닥 상장 상태를 유지하기 위해 역주식분할을 포함한 주요 제안에 대한 주주 승인을 요청하고 있습니다.
CEO이자 회장인 Doug Croxall은 역주식분할을 승인하는 것이 Crown의 시장 지위를 강화하고, 상장 요건을 충족시키고, 새로운 투자자를 유치하며, 재정적 유연성을 향상시키기 위해 필수적이라고 강조했습니다. 회사의 이사회와 관리팀은 모든 제안에 찬성 투표를 할 것을 강력히 권장하며, 이를 Crown의 장기적인 성공을 위한 필수 요소로 보고 있습니다.
주주들은 www.proxyvote.com를 통해 전자적으로 투표하거나 1-800-690-6903으로 전화하여 프로시 카드에 있는 관리 번호를 사용하여 투표할 수 있습니다. 추가적인 투표 지원은 Crown의 투자자 관계 팀에서 ir@crownek.com을 통해 제공됩니다.
Crown Electrokinetics (NASDAQ: CRKN) a émis un important rappel aux actionnaires concernant la prochaine Assemblée Générale Extraordinaire des Actionnaires prévue pour le 14 janvier 2025 à 10h00, heure de l'Est. L'entreprise recherche l'approbation des actionnaires sur des propositions clés, notamment un rachat d'actions inversé visant à maintenir son statut de cotation sur le Nasdaq.
Le PDG et Président Doug Croxall a souligné que l'approbation du rachat d'actions inversé est cruciale pour renforcer la position de marché de Crown, répondre aux exigences de cotation, attirer de nouveaux investisseurs et améliorer la flexibilité financière. Le Conseil d'Administration et la direction de l'entreprise recommandent vivement de voter POUR toutes les propositions, les considérant comme essentielles pour le succès à long terme de Crown.
Les actionnaires peuvent voter électroniquement via www.proxyvote.com ou par téléphone au 1-800-690-6903, en utilisant leur numéro de contrôle figurant sur leur carte de vote. Une assistance supplémentaire pour le vote est disponible via l'équipe des relations avec les investisseurs de Crown à l'adresse ir@crownek.com.
Crown Electrokinetics (NASDAQ: CRKN) hat eine wichtige Erinnerung an die Aktionäre bezüglich der bevorstehenden außerordentlichen Hauptversammlung, die für den 14. Januar 2025 um 10:00 Uhr Eastern Time geplant ist, herausgegeben. Das Unternehmen strebt die Zustimmung der Aktionäre zu wichtigen Vorschlägen an, insbesondere einem Aktienzusammenlegung, die darauf abzielt, den Status an der Nasdaq zu erhalten.
Der CEO und Chairman Doug Croxall betonte, dass die Genehmigung der Aktienzusammenlegung entscheidend ist, um die Marktposition von Crown zu stärken, die Listing-Anforderungen zu erfüllen, neue Investoren zu gewinnen und die finanzielle Flexibilität zu erhöhen. Der Vorstand und das Management des Unternehmens empfehlen dringend, für alle Vorschläge zu stimmen und betrachten diese als wesentlich für den langfristigen Erfolg von Crown.
Aktionäre können elektronisch über www.proxyvote.com oder telefonisch unter 1-800-690-6903 abstimmen, indem sie ihre Kontrollnummer verwenden, die auf ihrer Stimmkarte zu finden ist. Weitere Unterstützung beim Abstimmen ist über das Investor Relations Team von Crown unter ir@crownek.com verfügbar.
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LOS ANGELES, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today issued a reminder to its shareholders to vote ahead of the Special Meeting of Stockholders to be held this Tuesday, January 14, 2025, at 10:00 a.m. Eastern Time.
Shareholders are voting on key proposals, including the approval of a reverse stock split, a crucial step to maintain Crown’s Nasdaq listing. The Board of Directors and management strongly recommend voting FOR all proposals, as they are necessary for ensuring Crown's long-term success.
"Approving the proposed reverse stock split is essential to strengthening Crown’s position, to meet listing requirements, attract new investors, and enhance our financial flexibility," said Doug Croxall, CEO and Chairman, Crown. The year ahead holds significant opportunities across all three of our business divisions. Maintaining our Nasdaq listing will enable Crown to meet the growing demand for our innovative technology infrastructure solutions and deliver long-term shareholder value. We appreciate your trust and urge your support in voting for these critical measures.”
Voting Information
Crown strongly encourages shareholders to vote electronically or by phone. To cast your vote, please have your control number ready, which can be found on your proxy card.
- Online: visit www.proxyvote.com and follow the online instructions.
- Phone: call the toll-free number 1-800-690-6903 (available in the U.S. and Canada) and follow the step-by-step instructions.
For additional information or assistance with voting, please contact Crown’s Investor Relations team at ir@crownek.com.
About Crown
Crown (Nasdaq: CRKN) is an innovative infrastructure solutions provider dedicated to benefiting communities and the environment. Comprised of three business divisions, Smart Windows, Fiber Optics, and Water Solutions, Crown is developing and delivering cutting edge solutions that are challenging the status quo and redefining industry standards. For more information, please visit www.crownek.com.
Forward Looking Statements
Certain statements in this news release may be "forward-looking statements" (within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995) regarding future events or Crown’s future financial performance that involve certain contingencies and uncertainties, including those discussed in Crown’s Annual Report on Form 10-K for the year ended December 31, 2023, and subsequent reports Crown files with the U.S. Securities and Exchange Commission from time to time, in the sections entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” . 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.
For more information, please contact:
Investor Relations
ir@crownek.com
Public Relations
pr@crownek.com
FAQ
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