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SmartKem shares are trading lower after the company announced a 1-for-50 reverse stock split.
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8-K filing — SmartKem, Inc. (SMTK)
Filed: 2026-09-21 AccNo: 0001104659-26-109357 Size: 190 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
SmartKem shares are trading lower after the company announced a preliminary prospectus for the resale of up to 15.1 million shares by selling stockholders. The company registered up to a 30 million shares under $500 million Keystone Equity financing agreement.
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