Crown Electrokinetics Files S-1 Registration
Ticker: CRKN · Form: S-1 · Filed: Jun 5, 2024 · CIK: 1761696
Sentiment: neutral
Topics: s-1, registration, sec-filing
Related Tickers: CRKN
TL;DR
CRKN filed an S-1, looks like they're raising capital.
AI Summary
Crown Electrokinetics Corp. filed an S-1 registration statement on June 4, 2024, to register securities under the Securities Act of 1933. The company, incorporated in Delaware with its principal executive offices in Corvallis, Oregon, is involved in the electronic components industry. The filing details their corporate structure, business address, and contact information, including a phone number of 800-674-3612.
Why It Matters
This S-1 filing indicates Crown Electrokinetics Corp. is preparing to offer new securities to the public, which could impact its capital structure and stock availability.
Risk Assessment
Risk Level: medium — S-1 filings often precede significant corporate actions like stock offerings, which carry inherent market risks.
Key Numbers
- 333-279944 — SEC File Number (Identifies the specific registration statement with the SEC.)
- 475423944 — IRS Number (Employer Identification Number for tax purposes.)
Key Players & Entities
- Crown Electrokinetics Corp. (company) — Registrant
- 333-279944 (dollar_amount) — SEC File Number
- June 4, 2024 (date) — Filing Date
- 1110 NE Circle Blvd. Corvallis, Oregon 97330 (company) — Principal Executive Offices Address
- Douglas Croxall (person) — Chief Executive Officer
FAQ
What is the purpose of this S-1 filing for Crown Electrokinetics Corp.?
The S-1 filing is a registration statement under the Securities Act of 1933, indicating the company's intent to offer securities to the public.
When was this S-1 filing submitted to the SEC?
The S-1 filing was submitted to the U.S. Securities and Exchange Commission on June 4, 2024.
Where are Crown Electrokinetics Corp.'s principal executive offices located?
The company's principal executive offices are located at 1110 NE Circle Blvd., Corvallis, Oregon 97330.
Who is the Chief Executive Officer of Crown Electrokinetics Corp. mentioned in the filing?
Douglas Croxall is listed as the Chief Executive Officer of Crown Electrokinetics Corp.
What is the SEC File Number associated with this registration statement?
The SEC File Number for this registration statement is 333-279944.
Filing Stats: 4,552 words · 18 min read · ~15 pages · Grade level 16.2 · Accepted 2024-06-04 18:01:31
Key Financial Figures
- $0.0001 — 0 shares of our common stock, par value $0.0001 per share ("Common Stock"). The shares
- $50,000,000 — that we may sell up to an aggregate of $50,000,000 of our Common Stock to the Selling Stoc
- $13,672,316 — Selling Stockholder, which we have sold $13,672,316 of our Common Stock to the Selling Stoc
- $36,327,684 — receive proceeds of up to an additional $36,327,684 from the sale of the shares of Common S
- $0.10 — mon Stock on Nasdaq on May 31, 2024 was $0.10 per share. Investing in our securities
Filing Documents
- crkn-20240604.htm (S-1) — 1421KB
- crkn-ex107june2024keystone.htm (EX-FILING FEES) — 41KB
- crkn-resalesx1xex51opinion.htm (EX-5.1) — 16KB
- crkn-ex231june2024keystone.htm (EX-23.1) — 4KB
- crkn-20240604_g1.jpg (GRAPHIC) — 140KB
- crkn-20240604_g2.jpg (GRAPHIC) — 243KB
- crkn-20240604_g3.jpg (GRAPHIC) — 112KB
- image_0.jpg (GRAPHIC) — 47KB
- image_1.jpg (GRAPHIC) — 27KB
- 0001761696-24-000031.txt ( ) — 3198KB
- crkn-20240604.xsd (EX-101.SCH) — 2KB
- crkn-20240604_lab.xml (EX-101.LAB) — 10KB
- crkn-20240604_pre.xml (EX-101.PRE) — 6KB
- crkn-20240604_htm.xml (XML) — 1KB
Risk Factors
Risk Factors 19 Special Note Regarding Forward-Looking Statements 40 Committed Equity Financing 42
Use of Proceeds
Use of Proceeds 48 Market for Common Stock and Dividend Policy 49 Capitalization 50
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 52
Description of Securities
Description of Securities 53 Selling Stockholder 61 Plan of Distribution 63 Directors, Executive Officers and Corporate Governance 65
Executive Compensation
Executive Compensation 85 Director Compensation 87 Certain Relationships and Related Transactions 89 Legal Matters 89 Experts 89 Incorporation of Certain Information by Reference 90 Where You Can Find More Information 91 i ABOUT THIS PROSPECTUS The registration statement on Form S-1 of which this prospectus forms a part and that we have filed with the U.S. Securities and Exchange Commission (the "SEC"), includes exhibits that provide more detail of the matters discussed in this prospectus. You should read this prospectus and the related exhibits filed with the SEC, together with the additional information described under the heading " Where You Can Find More Information ." You should rely only on the information contained in this prospectus and the related exhibits, any prospectus supplement or amendment thereto, or to which we have referred you, before making your investment decision. Neither we, nor the selling stockholder named herein (the "Selling Stockholder"), nor any financial advisor engaged by us or the Selling Stockholder in connection with this offering, have authorized anyone to provide you with additional information or information different from that contained in this prospectus. Neither the delivery of this prospectus nor the sale of our securities means that the information contained in this prospectus is correct after the date of this prospectus. You should not assume that the information contained in this prospectus, any prospectus supplement or amendments thereto, as well as information we have previously filed with the SEC, is accurate as of any date other than the date on the front cover of the applicable document. Our business, financial condition, results of operations and prospects may have changed since those dates. This prospectus is an offer to sell only the securities offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. The Selling Stockholder is not offering to sell or seekin