Bard Associates Updates Passive Stake in Crown Electrokinetics
Ticker: CRKN · Form: SC 13G/A · Filed: Jan 4, 2024 · CIK: 1761696
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**Bard Associates still owns Crown Electrokinetics stock, signaling continued institutional interest.**
AI Summary
Bard Associates, Inc. filed an amended Schedule 13G/A on January 4, 2024, indicating their ownership of Crown Electrokinetics Corp. common stock as of December 31, 2023. This filing updates their previous disclosure, confirming their continued passive investment in the company. This matters to investors because it shows a significant institutional investor maintains a position, which can be a sign of confidence, but the specific percentage of ownership is not provided in this excerpt, making it difficult to assess the full impact.
Why It Matters
This filing confirms a major institutional investor, Bard Associates, Inc., continues to hold shares in Crown Electrokinetics Corp., which can influence investor sentiment and stock stability.
Risk Assessment
Risk Level: low — This is an amendment to a passive ownership filing, indicating no immediate change in control or aggressive investment strategy.
Analyst Insight
Investors should note that a significant institutional holder, Bard Associates, Inc., continues to hold a position in Crown Electrokinetics Corp. This suggests ongoing institutional interest, but without the specific percentage of ownership, it's difficult to gauge the full extent of their conviction. Further investigation into the full filing for ownership percentage would be prudent.
Key Players & Entities
- Bard Associates, Inc. (company) — the reporting person and institutional investor
- Crown Electrokinetics Corp. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 4, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- Bard Associates, Inc. will maintain a passive investment strategy in Crown Electrokinetics Corp. for the foreseeable future. (Bard Associates, Inc.) — high confidence, target: Q2 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person is Bard Associates, Inc., with an IRS Identification No. of 36-3452497.
What is the subject company whose securities are being reported?
The subject company is Crown ElectroKinetics Corp., with a CUSIP Number of 228339206.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed under Rule 13d-1(b), as indicated by the 'x' in the appropriate box.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 4, 2024 regarding Crown Electrokinetics Corp. (CRKN).