공시 • Apr 04
Crown Proptech Acquisitions announced delayed annual 10-K filing On 04/03/2024, Crown Proptech Acquisitions announced that they will be unable to file their next 10-K by the deadline required by the SEC. 공시 • Feb 17
Crown Proptech Acquisitions Announces Executive Changes Crown Proptech Acquisitions announced Mr. Gavin Cuneo served as the company's principal financial and accounting officer and resigned from such positions as well. Mr. Cuneo’s decision to resign was not the result of any dispute or disagreement with the company or any matter relating to the company’s operations, policies or practices. Michael Minnick, 57, the company’s chief executive officer, will assume the role of principal financial and accounting officer of the Company effective upon Mr. Cuneo’s resignation. Mr. Minnick has served as the Company’s Co-Chief Executive Officer since January 2023. He is a Co-Founder and has been a Managing Partner at IIG Holdings since 2014. Mr. Minnick has also served as a Director, Co-Founder and Managing Partner of Opus Music Group Investments, LLC since December 2021. From September 2021 to April 2023, he was the Co-Chief Executive Officer of CIIG Capital Partners II Inc. and a member of its board of directors. From 2019 until March 2021, he was Chief Investment Officer and director of CIIC. Prior to forming IIG Holdings, he was a Co-Founder and Senior Managing Director of Interlink Investment Group, from 2012 to 2014 Mr. Minnick has experience in more than $190 billion in transaction volume, including advisory and debt and equity capital executions at JPMorgan Chase & Co. and The Royal Bank of Scotland Group plc or RBS. Mr. Minnick served in various capacities at RBS, from 2004 to 2011, culminating in his service as a Managing Director and Head of Corporate Finance in the Telecom, Media & Technology Group. From 2003 to 2004, Mr. Minnick was the Founder and Chief Executive Officer of Traffic Networks, a startup that developed mobile and online real-time traffic information for the New York Metropolitan markets. From 1996 to 2002, Mr. Minnick served in different positions within Investment Banking at JPMorgan Chase & Co. including the Telecom, Media & Technology Group and the Global Syndicated Finance Group. Prior to joining JPMorgan Chase & Co., Mr. Minnick was an Associate at The Bank of Nova Scotia in the Corporate Finance and Syndications division from 1994 to 1996. Mr. Minnick began his career at AT&T where he served in several analyst capacities from 1989 to 1992, including as a Financial Analyst in the Market Analysis & Forecasting Division for Business Communications Services within the Chief Financial Officer division. From 2012 to 2019, he served as a Director of Paystar Inc., a privately-held FinTech company. Mr. Minnick received a M.B.A. from Cornell University and a B.A. from The University of St. Thomas. 공시 • Feb 12
NYSE to Commence Delisting Proceeding Against Crown PropTech Acquisitions Class A Ordinary Shares The New York Stock Exchange (“NYSE”, the “Exchange”) announced that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A ordinary shares and Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant of Crown PropTech Acquisitions (the “Company”) from the Exchange. Trading in the Company’s Securities will be suspended immediately. NYSE Regulation reached its decision to delist these Securities pursuant to Sections 802.01B and 102.06e. of the NYSE’s Listed Company Manual because the Company failed to consummate a business combination within the shorter of (i) the time period specified by its constitutive documents or by contract or (ii) three years. The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision. 공시 • Nov 29
Crown PropTech Acquisitions Announces Receipt of Notice of Late Filing from NYSE Crown PropTech Acquisitions announced that it received a notice from the New York Stock Exchange (the “NYSE”) on November 21, 2023 indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”). The NYSE informed the Company that, under NYSE rules, the Company will have six months from November 20, 2023 to file the Form 10-Q with the SEC. The Company can regain compliance with the NYSE listing standards at any time prior to that date by filing its Form 10-Q. If the Company fails to file the Form 10-Q before the NYSE’s compliance deadline, the NYSE may grant, at its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The notice from the NYSE also notes that the NYSE may nevertheless commence delisting proceedings at any time if it deems that the circumstances warrant. On November 14, 2023, the Company filed a Notification of Late Filing on Form 12b-25 (the “Form 12b-25”), indicating that the filing of its Form 10-Q will be delayed. Although the Company has dedicated significant resources to the completion of finalizing its consolidated financial statements and related disclosures for inclusion in the Form 10-Q, the Company was unable to file the Form 10-Q prior to November 20, 2023, the extension period provided by the Form 12b-25. Additional time is needed by the Company to complete its review of the financial statements included in the Form 10-Q in order to ensure a complete, accurate Form 10-Q. The Company is working diligently to ensure accurate disclosures are made in the Form 10-Q and is working to file the Form 10-Q as promptly as practicable. 공시 • Nov 15
Crown Proptech Acquisitions announced delayed 10-Q filing On 11/14/2023, Crown Proptech Acquisitions announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Board Change • Aug 15
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Chairman Richard Chera is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • May 31
Crown PropTech Acquisitions Announces Receipt of Notice of Late Filing from NYSE Crown PropTech Acquisitions announced that it received a notice from the New York Stock Exchange (the “NYSE”) on May 23, 2023 indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”). The NYSE informed the Company that, under NYSE rules, the Company will have six months from May 22, 2023 to file the Form 10-Q with the SEC. The Company can regain compliance with the NYSE listing standards at any time prior to that date by filing its Form 10-Q. If the Company fails to file the Form 10-Q before the NYSE’s compliance deadline, the NYSE may grant, at its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The notice from the NYSE also notes that the NYSE may nevertheless commence delisting proceedings at any time if it deems that the circumstances warrant. On May 15, 2023, the Company filed a Notification of Late Filing on Form 12b-25 (the “Form 12b-25”), indicating that the filing of its Form 10-Q will be delayed. Although the Company has dedicated significant resources to the completion of finalizing its consolidated financial statements and related disclosures for inclusion in the Form 10-Q, the Company was unable to file the Form 10-Q prior to May 22, 2023, the extension period provided by the 12b-25. Additional time is needed by the Company to complete its review of the financial statements included in the Form 10-Q in order to ensure a complete, accurate Form 10-Q. The Company is working diligently to ensure accurate disclosures are made in the Form 10-Q and expects to file the Form 10-Q no later than June 5, 2023. 공시 • May 16
Crown Proptech Acquisitions announced delayed 10-Q filing On 05/15/2023, Crown Proptech Acquisitions announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Board Change • Feb 14
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Chairman Richard Chera is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 공시 • Nov 15
Crown Proptech Acquisitions announced delayed 10-Q filing On 11/14/2022, Crown Proptech Acquisitions announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Aug 16
Crown Proptech Acquisitions announced delayed 10-Q filing On 08/15/2022, Crown Proptech Acquisitions announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • May 17
Crown Proptech Acquisitions announced delayed 10-Q filing On 05/16/2022, Crown Proptech Acquisitions announced that they will be unable to file their next 10-Q by the deadline required by the SEC. 공시 • Apr 01
Crown Proptech Acquisitions announced delayed annual 10-K filing On 03/31/2022, Crown Proptech Acquisitions announced that they will be unable to file their next 10-K by the deadline required by the SEC. 공시 • May 18
Crown Proptech Acquisitions announced delayed 10-Q filing On 05/17/2021, Crown Proptech Acquisitions announced that they will be unable to file their next 10-Q by the deadline required by the SEC.