CRKN announces board resignation, terminates CFO/COO effective immediately

Rhea-AI Filing Summary

Crown Electrokinetics Corp. announced immediate leadership changes. On October 16, 2025, Joel Krutz resigned from the Board of Directors. On October 17, 2025, the Company terminated Mr. Krutz as Chief Operating Officer and Chief Financial Officer, effective immediately.

The filing centers on governance and executive turnover, indicating a near‑term transition across finance and operations leadership as well as the board.

Positive

• None.

Negative

• CFO/COO termination and director resignation within two days concentrates executive and governance turnover, raising continuity concerns until successors are named

Insights

Corporate governance analyst

Concurrent board and CFO/COO exit signals a material leadership transition.

Crown Electrokinetics disclosed that Joel Krutz resigned from the board on October 16, 2025, and was terminated as CFO and COO effective immediately on October 17, 2025. This consolidates key changes across finance, operations, and governance in a two‑day window.

Leadership turnover in finance and operations can affect reporting cadence, controls, and operating execution. The excerpt does not describe interim appointments or succession steps, so continuity will depend on subsequent disclosures.

Watch for follow‑up filings identifying interim or permanent replacements and any updates to responsibilities or committee oversight to understand how the company stabilizes these functions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 16, 2025

CROWN ELECTROKINETICS CORP. 

(Exact name of registrant as specified in its charter)

Delaware		001-39924		47-5423944
(State or other Jurisdiction of Incorporation)		(Commission File No.)		(I.R.S. Employer Identification No.)

1110 NE Circle Blvd.

Corvallis, Oregon 97330

(Address of principal executive offices, including Zip Code)

(213) 660-4250

(Registrant’s telephone number, including area code)

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.0001 par value		CRKN		OTC Markets

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 16, 2025, Joel Krutz provided the Board of Directors (the “Board”) of Crown Electrokinetics Corp., a Delaware corporation (the “Company”), with his formal resignation from the Board, effective October 16, 2025.

On October 17, 2025, the Company terminated Mr. Krutz as Chief Operating Officer and Chief Financial Officer of the Company effective immediately.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CROWN ELECTROKINETICS CORP.
	By:	/s/ Doug Croxall
	Name:	Doug Croxall
	Title:	Chief Executive Officer
Dated: October 22, 2025

FAQ

What leadership changes did Crown Electrokinetics (CRKN) disclose?

Joel Krutz resigned from the Board on October 16, 2025, and was terminated as Chief Operating Officer and Chief Financial Officer on October 17, 2025.

Which roles were affected at CRKN?

The changes affected the Board of Directors, the Chief Financial Officer role, and the Chief Operating Officer role.

When were the changes effective at CRKN?

The board resignation was effective October 16, 2025, and the CFO/COO termination was effective immediately on October 17, 2025.

Did Crown Electrokinetics (CRKN) name replacements?

The excerpt does not list replacements; subsequent disclosures would provide that information.

What exchange is CRKN listed on?

The common stock trades on OTC Markets under the symbol CRKN.