Crown Electrokinetics Files 8-K with Bylaw Amendments

TL;DR

CRKN filed an 8-K on 5/22 for events on 5/16, including bylaw changes. Check for details.

AI Summary

Crown Electrokinetics Corp. filed an 8-K on May 22, 2024, reporting events as of May 16, 2024. The filing indicates amendments to its Articles of Incorporation or Bylaws and includes financial statements and exhibits. The company is incorporated in Delaware and its fiscal year ends on December 31.

Why It Matters

This filing signals potential changes in the company's governance or operational structure, which could impact its strategic direction and shareholder rights.

Risk Assessment

Risk Level: low — This is a routine filing reporting administrative and financial information, not indicating immediate operational or financial distress.

Key Numbers

• 001-39924 — SEC File Number (Identifies the company's filing with the SEC)
• 47-5423944 — IRS Employer Identification No. (Company's tax identification number)

Key Players & Entities

• Crown Electrokinetics Corp. (company) — Registrant
• May 16, 2024 (date) — Earliest event reported
• May 22, 2024 (date) — Date of report
• Delaware (jurisdiction) — State of incorporation
• 1110 NE Circle Blvd. Corvallis, Oregon 97330 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.0001 — ge on which registered Common Stock, $0.0001 par value CRKN NASDAQ Capital Market
• $0 — Series A Preferred Stock was reduced to $0.0462, subject to adjustment. The term

Filing Documents

• crkn-20240516.htm (8-K) — 35KB
• crkn-2ndarseriesacertifica.htm (EX-3.1) — 121KB
• crkn-2ndarseriesbcertifica.htm (EX-3.2) — 121KB
• crkn-arseriesccertificateo.htm (EX-3.3) — 122KB
• image_0.jpg (GRAPHIC) — 22KB
• image_0a.jpg (GRAPHIC) — 22KB
• 0001761696-24-000024.txt ( ) — 658KB
• crkn-20240516.xsd (EX-101.SCH) — 2KB
• crkn-20240516_lab.xml (EX-101.LAB) — 23KB
• crkn-20240516_pre.xml (EX-101.PRE) — 13KB
• crkn-20240516_htm.xml (XML) — 3KB

03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Series A Preferred Stock On May 16, 2024, Crown Electrokinetics Corp. (the "Company") executed a Second Amended and Restated Certificate of Designations, Preferences and Rights of its Series A Preferred Stock (as amended and restated, the "Series A COD") following approval of the Company's Board of Directors and the requisite number of holders of the Series A Preferred Stock. On May 22, 2024, the Company filed the Series A COD with the Secretary of State of the State of Delaware. The Series A COD was amended as follows: Holders of the Company's Series A Preferred Stock are only entitled to receive a dividend on shares of Series A Preferred Stock equal (on an as-if-converted-to-common-stock basis) to and in the same form as dividends actually paid on shares of the Company's common stock, par value $0.0001 per share ("Common Stock") when, as and if such dividends are paid on shares of the Company's Common Stock. All other rights to a dividend were eliminated. The conversion price of the Series A Preferred Stock was reduced to $0.0462, subject to adjustment. The terms of the Series A Preferred Stock were otherwise unchanged. Series B Preferred Stock On May 16, 2024, the Company executed a Second Amended and Restated Certificate of Designations, Preferences and Rights of its Series B Preferred Stock (as amended and restated, the "Series B COD") following approval of the Company's Board of Directors and the requisite number of holders of the Series B Preferred Stock. On May 22, 2024, the Company filed the Series B COD with the Secretary of State of the State of Delaware. The Series B COD was amended as follows: Holders of the Company's Series B Preferred Stock are only entitled to receive a dividend on shares of Series B Preferred Stock equal (on an as-if-converted-to-common-stock basis) to and in the same form as dividends actually paid on shares of the Common Stock wh

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 3.1 Second Amended and Restated Certificate of Designations, Preferences and Rights of Series A Preferred Stock of Crown Electrokinetics Corp., as filed with the Secretary of State of the State of Delaware 3.2 Second Amended and Restated Certificate of Designations, Preferences and Rights of Series B Preferred Stock of Crown Electrokinetics Corp., as filed with the Secretary of State of the State of Delaware 3.3 Amended and Restated Certificate of Designations, Preferences and Rights of Series C Preferred Stock of Crown Electrokinetics Corp., as filed with the Secretary of State of the State of Delaware 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 22, 2024 CROWN ELECTROKINETICS CORP. By: /s/ Doug Croxall Name: Doug Croxall Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR