Core Viewpoint - Crown Electrokinetics Corp. is facing delisting from the Nasdaq Stock Market but has filed an appeal for reconsideration, while continuing to operate normally and trade on the OTC market [1][2][3]. Group 1: Delisting and Appeal - The Nasdaq Hearings Panel has declined Crown's request to reconsider its delisting decision made on March 3, 2025 [1]. - Crown filed an appeal on March 18, 2025, seeking further review of the delisting decision, although this does not guarantee reinstatement [1]. Group 2: Business Operations and Strategy - Despite the delisting situation, the company remains focused on executing its business strategy and delivering long-term value for shareholders [2]. - Crown is actively trading on the OTC market and is working with market makers and advisors to ensure efficient trading and liquidity for its shareholders [3]. Group 3: Future Plans - Crown is evaluating options regarding its listing status and intends to pursue a return to a national exchange when appropriate [4]. - The company is committed to driving operational efficiency and capitalizing on opportunities in critical infrastructure solutions [4]. Group 4: Company Overview - Crown is an innovative infrastructure solutions provider dedicated to benefiting communities and the environment, operating in sectors such as Smart Windows and Construction [5].
Crown Provides Update on Nasdaq Delisting