Crown Electrokinetics Sells Fiber Optics Assets to Paramount Infrastructure for $2 Million

Reuters01-08

Crown Electrokinetics Sells Fiber Optics Assets to Paramount Infrastructure for $2 Million

Crown Fiber Optics Corp., a wholly-owned subsidiary of Crown Electrokinetics Corp., has completed the sale of its fiber optics, construction, and related operations assets to Paramount Infrastructure Corp. Under the agreement, Crown Fiber Optics transferred all equipment, inventory, vehicles, and other tangible assets, as well as customer contracts and related agreements, to Paramount Infrastructure for a total consideration of $2 million. The purchase price will be paid in four equal installments between January 5 and March 1, 2026, with Crown Fiber Optics retaining a first-priority security interest in the assets until full payment is received. The transaction closed on January 5, 2026.

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: 0001213900-26-002308), on January 08, 2026, and is solely responsible for the information contained therein.

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The purchase price will be paid in four equal installments between January 5 and March 1, 2026, with Crown Fiber Optics retaining a first-priority security interest in the assets until full payment is received. The transaction closed on January 5, 2026.\n      \n\n\nDisclaimer: 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. 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