SmartKem receives Nasdaq delisting notice for stockholders' deficit of ($127k)

SmartKem, Inc.

Stockholders' deficit of ($127,000) as of June 30, 2025, below Nasdaq minimum of $2.5M.
Company also failed alternative standards: market value of listed securities <$35M, no net income.
Has until Sept 29, 2025 to submit compliance plan; Nasdaq may grant extension to Feb 11, 2026.
Stock continues trading on Nasdaq pending plan review; company intends to submit plan.
No assurance of acceptance; failure could lead to delisting appeal process.

item 3.01

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