08:36 AM EDT, 06/21/2024 (MT Newswires) -- Crown Electrokinetics ( CRKN ) said Friday it expects to implement a 1-for-150 reverse stock split on its common stock.

Trading on a split-adjusted basis is expected to start at the market open Tuesday, with the stock retaining the symbol CRKN, the company said.

Shares of Crown Electrokinetics ( CRKN ) fell 16% in recent Friday premarket activity.

Price: 0.0420, Change: -0.01, Percent Change: -16.00