10:51 AM EST, 01/28/2025 (MT Newswires) -- Crown ElectroKinetics ( CRKN ) said Tuesday it plans to implement a 1-for-150 reverse stock split of shares, effective Jan. 30.

The company said fractional shares will be rounded up to the nearest whole share.

The reverse stock split is approved by the company's shareholders and board, according to Crown ElectroKinetics ( CRKN ).

Shares of Crown ElectroKinetics ( CRKN ) were down more than 22% in recent trading.

Price: 0.07, Change: -0.02, Percent Change: -22.22