Crown Reminds Shareholders to Vote Ahead of Special Meeting on January 14th
January 13 2025 - 5:00AM
Crown Electrokinetics Corp. (NASDAQ: CRKN)
("Crown" or the "Company”), a leading provider of
innovative technology infrastructure solutions that benefit
communities and the environment, today issued a reminder to its
shareholders to vote ahead of the Special Meeting of Stockholders
to be held this Tuesday, January 14, 2025, at 10:00 a.m. Eastern
Time.
Shareholders are voting on key proposals, including the approval
of a reverse stock split, a crucial step to maintain Crown’s Nasdaq
listing. The Board of Directors and management strongly recommend
voting FOR all proposals, as they are necessary for ensuring
Crown's long-term success.
"Approving the proposed reverse stock split is essential to
strengthening Crown’s position, to meet listing requirements,
attract new investors, and enhance our financial flexibility," said
Doug Croxall, CEO and Chairman, Crown. The year ahead holds
significant opportunities across all three of our business
divisions. Maintaining our Nasdaq listing will enable Crown to meet
the growing demand for our innovative technology infrastructure
solutions and deliver long-term shareholder value. We appreciate
your trust and urge your support in voting for these critical
measures.”
Voting Information
Crown strongly encourages shareholders to vote electronically or
by phone. To cast your vote, please have your control number ready,
which can be found on your proxy card.
- Online: visit www.proxyvote.com and follow the
online instructions.
- Phone: call the toll-free number
1-800-690-6903 (available in the U.S. and Canada) and follow the
step-by-step instructions.
For additional information or assistance with voting, please
contact Crown’s Investor Relations team at ir@crownek.com.
About CrownCrown (Nasdaq: CRKN) is an
innovative infrastructure solutions provider dedicated to
benefiting communities and the environment. Comprised of three
business divisions, Smart Windows, Fiber Optics, and Water
Solutions, Crown is developing and delivering cutting edge
solutions that are challenging the status quo and redefining
industry standards. For more information, please visit
www.crownek.com.
Forward Looking StatementsCertain statements in
this news release may be "forward-looking statements" (within the
meaning of Section 27A of the Securities Act of 1933, Section 21E
of the Securities Exchange Act of 1934 and the Private Securities
Litigation Reform Act of 1995) regarding future events or Crown’s
future financial performance that involve certain contingencies and
uncertainties, including those discussed in Crown’s Annual Report
on Form 10-K for the year ended December 31, 2023, and subsequent
reports Crown files with the U.S. Securities and Exchange
Commission from time to time, in the sections entitled
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” . Forward-looking statements include, but
are not limited to, statements that express our intentions,
beliefs, expectations, strategies, predictions, or any other
statements relating to our future activities or other future events
or conditions. These statements are based on current expectations,
estimates and projections about our business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and are likely to, differ materially from
what is expressed or forecasted in forward-looking statements due
to numerous factors. Any forward-looking statements speak only as
of the date of this news release and Crown Electrokinetic
Corporation undertakes no obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
news release.
This press release does not constitute a public offer of any
securities for sale. Any securities offered privately will not be
or have not been registered under the Act and may not be offered or
sold in the United States absent registration or an applicable
exemption from registration requirements.
For more information, please contact:
Investor Relations ir@crownek.com
Public Relations pr@crownek.com
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