Crown Electrokinetics (CRKN) Issues Letter to Shareholders

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Go back to Crown Electrokinetics (CRKN) Issues Letter to Shareholders

Crown Electrokinetics Issues Letter to Shareholders

June 26, 2024 4:41 PM EDT

LOS ANGELES, CA / ACCESSWIRE / June 26, 2024 / Crown Electrokinetics Corp. (NASDAQ:CRKN) ("Crown" or the "Company"), a leading smart glass technology company and an expert in constructing fiber optic networks, today released the following letter to its shareholders.

Dear Fellow Shareholders,

This letter is an update to investors regarding Crown's Nasdaq listing and operational updates for the Electrokinetic Film and Fiber Construction Divisions.

In line with Nasdaq's compliance requirements and timing, Crown effected a 1:150 reverse split yesterday to maintain our... More