IPO - Crown Electrokinetics Corp.

Form Type: S-3

Filing Date: 2025-01-14

Corporate Action: Ipo

Type: New

Accession Number: 000121390025003473

Filing Summary: Crown Electrokinetics Corp. filed this registration statement on Form S-3 with the SEC to register securities under the Securities Act of 1933. The company intends to offer and sell an aggregate of up to $500,000,000 of various securities, including common stock, preferred stock, debt securities, warrants, rights, and units. The registration includes securities that remain unsold from a previous registration statement which is set to expire on January 21, 2025. This new filing allows Crown to continue offering unsold securities under the earlier registration until either this current registration becomes effective or the earlier offering is terminated. The prospectus outlines Crown's innovative product line, which is aimed at enhancing energy efficiency and sustainability in building designs through their proprietary DynamicTint technology. The company provides a detailed overview of its business operations which encompasses its focus on smart windows, fiber optics, and water solutions, collaborating to create sustainable infrastructure solutions. Crown is characterizing itself as a smaller reporting company and has provided crucial information regarding risks involved in investing, as well as summaries of capital stock types, use of proceeds, and the plan for distribution of the registered securities.

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