Crown Receives Nasdaq Delisting Determination and Plans to Request Reconsideration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 04 2025
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Source: Newsfilter
Delisting from Nasdaq: Crown Electrokinetics Corp. has received a delisting determination from Nasdaq, leading to the suspension of its common stock trading effective March 5, 2025, while the company plans to appeal the decision.
Company's Financial Position: Despite the delisting, Crown reports a strong financial position with over $20 million in cash and no debt, and it continues to pursue growth opportunities in its infrastructure solutions business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
