---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-079274"
form_type: "8-K"
ticker: "SMTK"
cik: "0001817760"
company_name: "SmartKem, Inc."
filed_at: "2025-08-15T23:59:59+00:00"
generated_at: "2026-05-17T12:29:29.548003+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-079274
- form_type: 8-K
- ticker: SMTK
- cik: 0001817760
- company_name: SmartKem, Inc.
- filed_at: 2025-08-15T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817760/000110465925079274/0001104659-25-079274-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817760/000110465925079274/tm2523647d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-079274
- JSON: https://secwatch.observer/filing/0001104659-25-079274.json
- Plain text: https://secwatch.observer/filing/0001104659-25-079274.txt

## Key facts
- Listing & Compliance Notices
  SmartKem, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: August 15, 2025, SmartKem, Inc. (the “Company”) received a letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market, under Listing Rule 5550(b)(1), because the Company’s stockholders’ deficit of ($127,000) as reported in the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2025 was below the required minimum of $2.5 million, and because, as of August 15, 2025, the Company did
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817760/000110465925079274/0001104659-25-079274-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.