Smartkem, Inc. announces reverse split of common stock to support continued Nasdaq listing
Smartkem's Board of Directors approved a 1-for-50 reverse stock split to increase the per-share price and satisfy the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The reverse split will become effective after the close of trading on August 20, 2026, with shares commencing trading on a split-adjusted basis on August 21, 2026, under the existing ticker symbol SMTK.
Key figures
- Reverse split ratio
- 1-for-50
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