Crown announces effective date of reverse stock split

Los angeles, jan. 28, 2025 (globe newswire) -- crown electrokinetics corp. (nasdaq: crkn) ("crown" or the "company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today announced its plan to implement a reverse split of its common stock at a ratio of 1-for-150 shares. the reverse stock split will be effective for marketplace purposes with the open of business on thursday, january 30, 2025. following the reverse stock split, crown's common stock will continue to trade on the nasdaq capital market under the ticker symbol “crkn.” the new cusip number for the common stock following the reverse stock split will be 228339 503, reflecting the adjusted share structure.
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