Crown Electrokinetics Corp. - CRKN STOCK NEWS

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.

Crown Electrokinetics Corp. (NASDAQ: CRKN) has appointed Eddie Kovalik as President & COO and Kai Sato as Co-President & CMO. Kovalik, with extensive executive experience, previously led Unity National Financial Services and KLR Group. Sato, a venture capital advisor, brings expertise in innovative technology development. The appointments aim to leverage their skills to enhance Crown's growth, particularly in the smart glass market. The company, known for its patented DynamicTint technology that enables rapid glass tinting, aims to capitalize on sustainability trends in various sectors.

Crown Electrokinetics Corp. (NASDAQ: CRKN) reported its fiscal 2021 third quarter results, highlighting significant developments and a successful $21.5 million capital raise. The company appointed three new board members with extensive industry experience and completed a reverse stock split to meet Nasdaq listing requirements. Crown has also acquired a portfolio of ten intellectual property patents related to electrokinetic technology from HP, enhancing its R&D capabilities. The firm aims to focus on the commercialization of its DynamicTintTM solutions, positioning itself for substantial growth in the coming years.

Crown Electrokinetics Corp. (NASDAQ: CRKN) has successfully acquired ten patents from HP, Inc., enhancing its intellectual property portfolio for electrokinetic technology. This acquisition represents a significant step in Crown's growth strategy, focusing on commercializing its DynamicTint™ product, which offers sustainable glass solutions for various applications. The company will pay a royalty fee to HP based on cumulative gross revenues until 2030, with a tiered structure starting at 0% for revenues below $70 million.

Crown Electrokinetics Corp. (NASDAQ: CRKN) has successfully closed its public offering of 4,150,000 shares at $4.50 each, raising approximately $19.6 million after expenses. The offering included a fully exercised over-allotment option for an additional 622,500 shares. Trading under the CRKN ticker commenced on January 26, 2021, alongside a 1-for-3 reverse stock split effective January 25, 2021. Roth Capital Partners led the underwriting, with the offering registered under Form S-1. Crown specializes in smart glass technology, promising sustainability and enhanced functionality.

Crown Electrokinetics Corp. (NASDAQ: CRKN) has announced a public offering of 4,150,000 shares at $4.50 each, expected to raise approximately $18.7 million. This offering will close on January 28, 2021, pending customary conditions. In conjunction with this, Crown has executed a 1-for-3 reverse stock split, commencing trading under the ticker CRKN on the Nasdaq Capital Market. Roth Capital Partners is the sole book-running manager for the offering.

Crown Electrokinetics Corp. (OTCQB:CRKN), a leader in the smart glass industry, will present its innovative DynamicTint™ technology at the 12th annual LD 500 Conference on September 2, 2020, at 2:00 PM ET. Doug Croxall, the Company's Chairman and CEO, will showcase how this technology enables glass to rapidly transition between clear and dark, enhancing energy efficiency in various sectors, including transportation and real estate. The LD 500 Conference is being held virtually from September 1-4, 2020, making it accessible to a global audience.