Skip to content
Crown — Electric Ships & Boats
← Newsroom

Press release

BLKSIX investment announcement reports a USD 55 million Crown valuation

A company-distributed announcement said BLKSIX made a capital commitment to Crown Electric Ships and Boats, valuing the business at USD 55 million.

Crown and BLKSIX representatives at the investment announcement
Article image and coverage · Yahoo Finance

Key facts

Announcement
6 July 2023
Investor
BLKSIX
Reported valuation
USD 55 million
Location
Dubai, UAE

Story summary

A Newsfile-distributed announcement reported that BLKSIX, an investment firm focused on energy, commodities and special situations, made a capital commitment to Crown Electric Ships and Boats.

The announcement said the investment valued Crown at USD 55 million and was intended to support manufacturing capacity, research and development, and the pursuit of new commercial partnerships.

This page summarizes the published announcement. Investment terms beyond those reported by the linked sources are not disclosed here.