Crown Electrokinetics Regains Compliance With Nasdaq's Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Crown Electrokinetics Corp. (NASDAQ:CRKN) has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a notification letter from Nasdaq's Listing Qualifications Department.
July 26, 2024 | 1:20 pm
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Crown Electrokinetics Corp. has regained compliance with Nasdaq's minimum bid price requirement, which is a positive regulatory development for the company.
Regaining compliance with Nasdaq's minimum bid price requirement is a significant positive development for Crown Electrokinetics. It ensures the company remains listed on the Nasdaq, which can boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100