secwatch.observer — SEC 8-K summary
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Issuer:     SmartKem, Inc. (SMTK)
CIK:        0001817760
Form:       8-K
Filed at:   2026-08-19T12:05:49+00:00
Accession:  0001104659-26-098592
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartKem announces 1-for-50 reverse stock split to maintain Nasdaq listing
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- 1-for-50 reverse split effective Aug 20, 2026 at 5:00 p.m. ET; split-adjusted trading begins Aug 21 on Nasdaq Capital Market
- Split reduces outstanding shares proportionally; authorized shares unchanged; fractional shares rounded up to nearest whole share
- CUSIP changes to 83193D302; par value unchanged; Equiniti serving as exchange agent
- Split intended to satisfy Nasdaq minimum bid price requirement for continued listing
- Proportionate adjustments to equity awards, warrants, and equity incentive plan shares

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817760/000110465926098592/0001104659-26-098592-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817760/000110465926098592/tm2623548d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-098592

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