SmartKem enacts 1-for-50 reverse stock split to support Nasdaq listing - SMTK News | RalliesSmartKem enacts 1-for-50 reverse stock split to support Nasdaq listing
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SMTK• Reverse split effective Aug. 20, 2026
- 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.
- The 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.
