Crown Receives Nasdaq Delisting Determination and Plans to Request Reconsideration

LOS ANGELES, March 04, 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 that it has received a delisting determination from The Nasdaq Stock Market. The Company intends to submit a request for reconsideration to the Nasdaq Hearings Panel and to otherwise appeal the determination to the Nasdaq Listing and Hearing Review Council as necessary. While Crown pursues those processes, trading in the Company’s common stock will be suspended on Nasdaq effective with the open of the market on Wednesday, March 5, 2025. The Company’s common stock should be eligible to trade on the OTC Market’s Pink Current Information tier effective with the open of the market on March 5, 2024.