Crown Electrokinetics Corp. - CRKN STOCK NEWS

Crown Electrokinetics Corp. (NASDAQ: CRKN), a leader in smart glass technology, announced CEO Doug Croxall's participation in two upcoming virtual conferences. The Colliers 2021 Institutional Investor Conference is scheduled for September 9, 2021, while the H.C. Wainwright 23rd Annual Global Investment Conference will take place from September 13-15, 2021. Croxall's presentation will be available on-demand starting September 13 at 7:00 a.m. ET. The company specializes in sustainable thin-film solutions that enable glass to transition between clear and dark.

Crown Electrokinetics Corp. (NASDAQ: CRKN) reported a net loss of $5.4 million for Q1 fiscal 2022, down from $10.5 million in the same period last year. The company launched its DynamicTint Smart Glass Inserts, with initial tests indicating potential energy cost reductions of 26% in commercial buildings. SG&A expenses decreased to $5.0 million from $7.9 million year over year, driven by lower stock-based compensations. As of June 30, 2021, Crown's cash and cash equivalents stood at $12.5 million, alongside working capital of $11.9 million, supporting future growth activities.

Crown Electrokinetics Corp. (NASDAQ: CRKN) will be represented by CEO Doug Croxall at the Benzinga Reopening Stocks Summit, set for August 18-19, 2021. Croxall's presentation is scheduled for August 18 at 12:15 p.m. ET. The summit will focus on the recovery of the stock market and investment opportunities.

Crown is known for its innovative DynamicTint technology, transforming glass surfaces from clear to dark in seconds. This sustainable solution targets various applications, including commercial and residential uses. For more details, visit www.crownek.com.

Crown Electrokinetics Corp. (NASDAQ: CRKN) announced successful preliminary tests indicating their DynamicTint™ Insert can reduce office building energy costs by 26%. Conducted in a Los Angeles office, the technology blocks excess sunlight heat, lowering HVAC operating costs and carbon emissions. The insert is designed to retrofit existing windows without replacements and will eventually operate on solar power. Crown aims to transition from R&D to commercialization, focusing on features that appeal to office REITs while addressing energy efficiency and climate change.

Crown Electrokinetics Corp. (NASDAQ: CRKN) announced it will release its financial results for the fiscal 2022 Q1, ending June 30, 2021, on August 16, 2021. The company will host a conference call at 11:00 a.m. Eastern Time, featuring remarks from CEO Doug Croxall and CFO Joel Krutz. Interested parties can access a replay of the call until August 30, 2021. Crown specializes in smart glass technology with its DynamicTint solution, allowing glass to transition from clear to dark in seconds, promoting sustainability and energy efficiency.

Crown Electrokinetics Corp. (NASDAQ: CRKN) reported its fiscal 2021 results, highlighting a net loss of $40.8 million, up from $9.6 million in 2020. The company raised $21.5 million and strengthened its balance sheet, ending with $14.7 million in working capital. A field test for the DynamicTint Smart Glass inserts has commenced with a large commercial REIT. The appointment of Joel Krutz as CFO aims to enhance financial operations. Operating expenses, including R&D and SG&A, escalated due to stock-based compensations.

Crown Electrokinetics Corp. (NASDAQ: CRKN) has appointed Joel Krutz as the new Chief Financial Officer (CFO), effective June 21, 2021. He succeeds Phil Anderson, who is leaving to explore new opportunities. Krutz brings extensive experience in financial operations, having served as CFO for ViacomCBS Networks International. His role is pivotal as Crown prepares to launch its DynamicTint™ Smart Glass Inserts, which aim to enhance operational change and drive strategic initiatives. Anderson will continue as a consultant for specific projects.

Crown Electrokinetics Corp. (Nasdaq: CRKN) announced its inclusion in the Russell Microcap® Index, effective June 28, 2021. This membership signals recognition of the company's progress in growth, including a successful Nasdaq listing and advancements in its IP portfolio and DynamicTint™ technology. The Russell Microcap® Index, which benchmarks around $10.6 trillion in assets, aids in broadening Crown's investor base and enhancing shareholder value. The company focuses on innovative smart glass technology geared towards sustainability and efficiency.

Crown Electrokinetics Corp. (NASDAQ: CRKN), a leader in smart glass technology, announced its participation in the LD Micro Invitational XI from June 8-10, 2021. CEO Doug Croxall will present on June 8 at 12:30 p.m. ET. The company specializes in patented thin-film solutions like DynamicTint, enabling glass to switch between clear and dark quickly, catering to various applications including commercial buildings and automotive products. For more details about the conference, registration is available here.