Crown Electrokinetics Corp. Extends Deadline for Cash Tender Offer in Merger Agreement Update

Reuters07-08

<a href="https://laohu8.com/S/CRKN">Crown Electrokinetics Corp.</a> Extends Deadline for Cash Tender Offer in Merger Agreement Update

Crown Electrokinetics Corp., a Delaware corporation, announced an update to its previously disclosed merger agreement. On July 2, 2025, Crown Electrokinetics, along with Crown EK Acquisition LLC and Crown EK Merger Sub Corp., amended the original merger agreement to extend the commencement date of the cash tender offer for all outstanding common stock shares to July 15, 2025. Additionally, the amendment requires the deposit of $500,000 with Wilmington Trust National Association and at least $5,474,556 with the offer's depositary by the revised date. In connection with the amendment, a $500,000 promissory note was issued by Parent, Purchaser, and Douglas Croxall, the CEO of Crown Electrokinetics, which bears a 6% annual interest rate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown Electrokinetics Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-061768), on July 07, 2025, and is solely responsible for the information contained therein.

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Extends Deadline for Cash Tender Offer in Merger Agreement Update","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/CRKN\">Crown Electrokinetics Corp.</a> Extends Deadline for Cash Tender Offer in Merger Agreement Update\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Crown Electrokinetics Corp., a <a href=\"https://laohu8.com/S/VMM\">Delaware</a> corporation, announced an update to its previously disclosed merger agreement. On July 2, 2025, Crown Electrokinetics, along with Crown EK Acquisition LLC and Crown EK Merger Sub Corp., amended the original merger agreement to extend the commencement date of the cash tender offer for all outstanding common stock shares to July 15, 2025. 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Extends Deadline for Cash Tender Offer in Merger Agreement Update\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-08 04:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/CRKN\">Crown Electrokinetics Corp.</a> Extends Deadline for Cash Tender Offer in Merger Agreement Update\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Crown Electrokinetics Corp., a <a href=\"https://laohu8.com/S/VMM\">Delaware</a> corporation, announced an update to its previously disclosed merger agreement. 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Extends Deadline for Cash Tender Offer in Merger Agreement Update\n    \n\n        Crown Electrokinetics Corp., a Delaware corporation, announced an update to its previously disclosed merger agreement. On July 2, 2025, Crown Electrokinetics, along with Crown EK Acquisition LLC and Crown EK Merger Sub Corp., amended the original merger agreement to extend the commencement date of the cash tender offer for all outstanding common stock shares to July 15, 2025. Additionally, the amendment requires the deposit of $500,000 with Wilmington Trust National Association and at least $5,474,556 with the offer's depositary by the revised date. In connection with the amendment, a $500,000 promissory note was issued by Parent, Purchaser, and Douglas Croxall, the CEO of Crown Electrokinetics, which bears a 6% annual interest rate.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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