Crown Electrokinetics Corp. - CRKN STOCK NEWS

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.

Crown Electrokinetics Corp. (NASDAQ: CRKN) announces significant developments in its shareholder update letter from Chairman & CEO Doug Croxall. Following a successful $21.5 million capital raise and Nasdaq listing, the company appointed new leadership, including Eddie Kovalik and Kai Sato. They successfully completed an embossing process on their roll-to-roll production tool, gearing up for field tests of their DynamicTint™ Smart Glass Inserts. The company is witnessing strong interest in its innovative retrofit solutions for sustainability goals. An Investor Day is planned for June 2021.

Crown Electrokinetics Corp. (NASDAQ: CRKN) announces the addition of Gizman Abbas and Gary Hanna to its Board of Directors. These appointments are expected to enhance the company's growth strategy as both new members bring extensive experience in global energy solutions and executive leadership. Gizman Abbas previously held notable positions at Goldman Sachs and Apollo Global Management, while Gary Hanna has over 40 years in the energy sector, including leadership roles at several companies. The company focuses on innovative smart glass technology aimed at reducing carbon emissions.

Crown Electrokinetics Corp. (NASDAQ: CRKN) announces participation in two upcoming investor conferences. Doug Croxall, Chairman & CEO, will present at the Emerging Growth Conference on March 3, 2021 at 9:00 a.m. ET. The 33rd Annual Roth Conference will be held from March 15-17, 2021, where Croxall will speak on March 16 at 10:00 a.m. ET. Crown focuses on smart glass technology, specifically its DynamicTint solution, transforming glass surfaces rapidly between clear and dark.