“We recognize that 2024 was a challenging year for our shareholders, despite the considerable fundamental progress achieved in our underlying business,” said Doug Croxall, CEO and Chairman, Crown. “The company you originally invested in has undergone a remarkable transformation, and we are committed to building on this strong foundation. Getting here unfortunately took a considerable amount of costly growth capital as we navigated the difficult realities of being a small public company trying to reach cashflow breakeven in a highly unfavorable financing climate. The fact that we are here today, with tremendous opportunities ahead, is a testament to our dedicated team, now 60 people strong.”
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