Smartkem, Inc. announces reverse split of common stock to support continued Nasdaq listing

globe_newswire · 2026-08-19

$SMTK $NDAQ

WILMINGTON, Del., Aug. 19, 2026 (GLOBE NEWSWIRE) -- Smartkem, Inc. (Nasdaq: SMTK) ("Smartkem" or the "Company") today announced that its Board of Directors has approved a reverse stock split of the Company’s outstanding common stock at a ratio of 1-for-50, following authorization by shareholders at the company’s Annual Meeting of Shareholders held June 23, 2026.

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