Crown Electrokinetics Corporation (CRKN) Cotización

I always love when they say between 1 to 2 or 1 to 200RS .Let me tell you now it will be 1 for 200 shares RS.When will it happen,well again,way before Dec.31st,2025.Maybe like next week sometime,that's my guess.This goose is cooked and will be for sometime.Good luck and good trading.

Wen reverse split and revocation?

hard to say, but very good chance this is either abandoned or the SEC is not going to permit it.

The actual timing of the filing of the Certificate of Amendment with the Secretary of State of Delaware to effect the Reverse Split will be determined by our Board of Directors. In addition, if for any reason our Board of Directors deems it advisable to do so, the Reverse Split may be abandoned at any time prior to the filing of the Certificate of Amendment, without further action by our stockholders.

Our Board of Directors believes that approval of this proposal to effect the Reverse Split and to determine the ratio as opposed to approval of an immediate reverse stock split at a specific ratio, and to effect such reverse stock split at any time prior to December 31, 2025, will provide our Board of Directors with maximum flexibility to react to current market conditions and therefore to achieve the purposes of the Reverse Split, if implemented, and to act in the best interests of our stockholders.


Reasons for Approving the Reverse Split

The intention of the Board of Directors in obtaining approval for the authority to effect a Reverse Split would be to increase the stock price of our Common Stock sufficiently above the $1.00 minimum bid price requirement to regain its listing on the Nasdaq Capital Market (“Nasdaq”). The Board of Directors, in its sole discretion, can elect to abandon the Reverse Split in its entirety at any time.

'"The new Nasdaq rule took effect on October 7, 2024. As a result, any Nasdaq-listed company that fails to meet the Bid Price Requirement will need to evaluate the potential impact of a reverse stock split on the company’s compliance with other Nasdaq continued listing requirements, which includes maintaining at least (i) 500,000 publicly held shares, (ii) 300 public stockholders and (iii) a value of publicly held shares of at least $1 million."

"Additionally, the NYSE proposal would amend Section 802.01C of the Listed Company Manual to provide that if a company’s share price fails to meet the minimum-price criteria, and (i) the company has undertaken a reverse stock split within the past year or (ii) has performed one or more reverse stock splits over the past two years with a cumulative ratio of 200 shares or more to one, then the company will not be eligible for any compliance period specified in Section 802.01C of the Listed Company Manual. In such cases, the NYSE will immediately begin suspension and delisting procedures

Although the SEC has not yet approved the NYSE proposal, its similarities to the new Nasdaq rule suggest that some form of limitation on the use of reverse stock splits will likely be imposed for companies listing on the NYSE." https://www.skadden.com/insights/publications/2024/11/sec-approves-nasdaq-rule-change

so I heard the new rules prohibit RS when attempting to regain compliance. wondering if anyone knows exactly how this works.
Even with shareholder approval they may not get approved for the RS if in fact the new rules do not apply as the SEC is getting real picky about these companies that have a history of such action.

Wen reverse split?

You missed my point. I don't mean in numbers, I mean in value. Never have I seen any company that has reverse splits do well and increase shareholder value. They do it only to maintain compliance to keep the price high enough since it keeps going down in value. But I can name TONS of company's that have forward splits and people become rich because the stock keeps increasing in worth. Example AMAZON.

Watching this tells me this is going under .10 easily. Probably RS again before end of February. 

Gl

Daytrade the gaps before the traps imo.

That's TWO of us. Way to go!

Glad I got in @ .15

CRKN -- VERY HAPPY NEW YEAR TRADING ACCOUNT!

Your math ain’t mathing lol… when reverse split happens, amount of shares decreases at first which makes stock’s price per share rise. Then the dilution drives pps down. So do your homework next time before saying something as stupid as you did say about reverse and forward splits lmfao

crkn..........................................................a/h

R/S makes stocks go down not up. Only F/S splits make stocks rise. So that is not it.

Massive reverse split i guess duhhhh

Kewl

JUST check out the Twin Dolphins Club on google earth then use the historical slide to see all of the progress since 2017 simply sprawling. Looks as if a newly completed water containment facility exists. GLTA!!

Can fly on Mon or Tues on watch!

What happened May 15th of this year that made the stock go to the moon last time?

They have 2 different Equity Lines of Credit going out, pushing the price down further and further. Check the share issuance and its mostly going towards these. When they stop or if they do, I am sure theyll have some crew push this up before they RS.

Equity Line of Credit – Keystone Capital Partners, LLC
On July 20, 2023 (the “Execution Date”), the Company entered into an Equity Line of Credit ("ELOC") with a purchaser, Keystone Capital Partners, LLC (“Keystone”) whereby the Company has the right to sell up to an aggregate of $50.0 million of newly issued shares (the “Keystone ELOC Shares”) of the Company’s common stock. The aggregate number of shares that the Company can sell under the Keystone ELOC Purchase Agreement may not exceed 4.99% of the outstanding common stock, subject to certain exceptions set forth in the Keystone ELOC Purchase Agreement.
The purchase price of the shares of common stock that the Company elects to sell to the pursuant to the Keystone ELOC Purchase Agreement will be equal to 97.0% of the lower of (i) the lowest intraday sale price of the common stock on the Company’s current trading market on the applicable purchase date or (ii) the arithmetic average of the three lowest closing sale prices during the ten trading days immediately preceding the applicable purchase date. There is no upper limit on the price per share that Keystone could be obligated to pay for the common stock under the Keystone ELOC Purchase Agreement.
In the first half of 2024, the Company received net proceeds on sales of 1,740,027 shares of common stock of approximately $10.7 million, after deducting commissions and expenses of $1.3 million, at a weighted-average price of $6.93 per share.
20

During the three months ended September 30, 2024, the Company received net proceeds on sales of 1,493,000 shares of common stock of approximately $3.6 million, after deducting commissions and expenses of $0.1 million, at a weighted- average price of $2.42 per share. The amount available under this ELOC as of September 30, 2024 was approximately $30 million.

Equity Line of Credit - Liqueous, LP
On August 31, 2024 (the 'Execution Date"), the Company entered into a new ELOC with Liqueous, LP ("Liqueous"). The Company may sell up to an aggregate of $100 million in newly issued shares (the "Liqueous ELOC Shares") of its common stock during the Commitment Period. The Commitment Period in the agreement is defined as the period beginning on August 31, 2024 and ending either when the Company has sold shares up to $100 million or on the second anniversary of the Execution Date, whichever comes first.

Prior to August 31, 2024, stockholder approval was obtained to allow the Company the flexibility to issue more than 20% of its outstanding common stock, in connection with financing arrangements, including but not limited to the ELOC, on June 14, 2024. This approval provides the Company with the ability to issue shares in excess of this threshold under the ELOC or any additional financing arrangement that may require it.

The purchase price of the Liqueous ELOC Shares will be 97.0% of the lowest daily volume weighted-average price ("VWAP") of the Company's common stock during a 2-day valuation period following the applicable purchase date. There is no upper limit on the price per share that the Liqueous ELOC Purchaser could be obligated to pay for the Liqueous ELOC Shares under the agreement.

The Company's ELOC agreements contain put option features that allows the Company to sell shares of its common stock to the Keystone or Liqueous at specified discounts to the prevailing market price. These put options are classified as derivatives under ASC 815, Derivatives and Hedging. After a thorough assessment of the put option’s fair value, the Company has determined them to be insignificant. As a result, these derivatives have not been recognized in the condensed consolidated financial statements. The Company will continue to monitor the fair value of the put option in subsequent reporting periods and will recognize them in the condensed consolidated financial statements if their fair values become material

I agree, They can't even RS until after June

This stock does not make any sense. Record quarter profits, contracts, low float, little debt, high short interest, new ventures and shares go from big $$ to peanuts. Time to buy. LOL I'm IN !

When next reverse split on this junk pile of garbage scam?

Must gonna have Reverse Split price falls down everyday lower and lower

How do they keep this stock so low? Anyone?

Coming of the 52WL interesting !

Wen delist of this scam?

What are plans for 100 million 

What going on here buy Wednesday @.30 cent went to 35 cent went back down to 29 cents any update on her?

CRKN....................https://stockcharts.com/h-sc/ui?s=CRKN&p=W&b=5&g=0&id=p86431144783

CRKN, new 52 week low

This is the worst stock i have even owed. They are scammers. Just look at the pattern over the last 2 years. 2 reverse stock splits and most likely another one coming soon. beware!!!
Imo

CRKN....................................https://stockcharts.com/h-sc/ui?s=CRKN&p=W&b=5&g=0&id=p86431144783

WOOHOOOOOO 🤑🤑🤑🤑🤑🤑 Ty

CRKN............................https://stockcharts.com/h-sc/ui?s=CRKN&p=W&b=5&g=0&id=p86431144783

https://x.com/THIS_TIME_X/status/1859347355356557797

CRKN......................https://stockcharts.com/h-sc/ui?s=CRKN&p=W&b=5&g=0&id=p86431144783

$CRKN -
https://www.globenewswire.com/news-release/2024/10/15/2963718/0/en/Liqueous-LP-Finalizes-100-Million-Equity-Line-of-Credit-With-Crown-Electrokinetics-Corp-Building-on-Strategic-Recapitalization-Efforts-and-separately-provides-NUBURU-Financing-Upda.html

$CRKN - LIqueous just signed a $100M ELOC with CRKN and they are the same investor with a $50M ELOC for $BURU - https://www.otcmarkets.com/filing/html?id=17896837&guid=PZL-kKRdcsA_B3h

CRKN.........................https://stockcharts.com/h-sc/ui?s=CRKN&p=W&b=5&g=0&id=p86431144783

Made a lot on this before the split, but yet to get back in. Keeping on watch here though

Made a lot on this before the split, but yet to get back in. Keeping on watch here though

When next r/s?

CRKN..........................................https://stockcharts.com/h-sc/ui?s=CRKN&p=W&b=5&g=0&id=p86431144783

Crown Element 82 Division Secures $10M Contract

because that is the direction this is headed. I want to lose all of my investment of $60.00 I put into this POS. never should have listened to people on Yahoo Finance.

Why? I think NO.
GLTA