-+ 0.00%
-+ 0.00%
-+ 0.00%

SmartKem enacts 1-for-50 reverse stock split to support Nasdaq listing

PUBT·08/19/2026 12:00:37
Listen to the news
SmartKem enacts 1-for-50 reverse stock split to support Nasdaq listing
  • SmartKem will execute a 1-for-50 reverse stock split, effective Aug. 20, 2026 at 5:00 p.m. ET.
  • Shares start trading split-adjusted on Nasdaq on Aug. 21, 2026 under ticker SMTK.
  • Move targets a higher share price to meet Nasdaq Capital Market minimum bid requirement.
  • Outstanding share count will drop proportionally; authorized common shares remain unchanged.
  • No fractional shares issued; fractional entitlements will be rounded up to the nearest whole share.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SmartKem Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608190800OMX_____CNEWS_EN_GNW1001258280_en) on August 19, 2026, and is solely responsible for the information contained therein.