Crown Electrokinetics announces 1-for-150 reverse stock split

Crown Electrokinetics expects to implement a 1-for-150 reverse stock split on its common stock with trading to begin on a split-adjusted basis at the market open on Tuesday, June 25, 2024. Trading in the common stock will continue on the Nasdaq Capital Market under the symbol “CRKN“. The new CUSIP number for the common stock following the reverse stock split is 228339404. The reverse stock split at a ratio of 1-for-150 shares was approved by the Company’s Board of Directors on June 12, 2024, subject to stockholder approval, and the Company’s stockholders at the Annual Meeting which was held on June 14, 2024.