Crown ElectroKinetics’ Strategic Moves for Market Compliance

An announcement from Crown ElectroKinetics ( (CRKN) ) is now available.

Crown Electrokinetics Corp. held a special meeting on January 14, 2025, where shareholders approved two key proposals: a potential reverse stock split and the ratification of BPM LLP as the independent auditor. The reverse stock split, which can range from 1-for-2 to 1-for-200, aims to maintain Nasdaq listing compliance and provides flexibility to the company’s board to adapt to market conditions. This strategic move is part of Crown’s broader plan to achieve profitability, expand its market presence, and continue delivering innovative infrastructure solutions.

More about Crown ElectroKinetics

Crown Electrokinetics Corp. is an innovative infrastructure solutions provider focused on benefiting communities and the environment. The company operates through three business divisions: Smart Windows, Fiber Optics, and Water Solutions, offering cutting-edge solutions that challenge the industry standards.

YTD Price Performance: -33.58%

Average Trading Volume: 27,650,512

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $6.61M

For a thorough assessment of CRKN stock, go to TipRanks’ Stock Analysis page.