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Crown LNG Holdings ( (CGBS) ) has issued an update.
Crown LNG Holdings Limited is facing delisting from the Nasdaq Capital Market due to non-compliance with Nasdaq’s listing rules. The company’s securities have been trading below the required bid price, and it has failed to file its Form 20-F on time, leading to a notice from Nasdaq on May 30, 2025. Crown LNG plans to appeal the delisting decision by June 6, 2025, and may consider a reverse share split to regain compliance. However, there is no assurance of a favorable outcome, which could impact the company’s market presence and investor confidence.
More about Crown LNG Holdings
Crown LNG Holdings Limited is a private limited company incorporated under the laws of Jersey, Channel Islands, with its principal executive offices located in London, United Kingdom. The company operates in the energy sector, focusing on liquefied natural gas (LNG) infrastructure and services.
Average Trading Volume: 15,905,430
Technical Sentiment Signal: Sell
Current Market Cap: $32.66M
For a thorough assessment of CGBS stock, go to TipRanks’ Stock Analysis page.