SmartKem Announces Sale of Shares and Pre-Funded Warrants to Institutional Investor

Reuters
Jan 31
SmartKem Announces Sale of Shares and Pre-Funded Warrants to Institutional Investor

SmartKem Inc. announced that it has entered into a securities purchase agreement with an institutional investor, under which the company will issue 677,129 shares of its common stock at $0.50 per share and 683,871 pre-funded warrants to purchase common stock at $0.4999 per warrant, with an exercise price of $0.0001 per share. The pre-funded warrants are immediately exercisable, subject to a beneficial ownership limitation of 9.99%. The offering was made pursuant to the company’s effective shelf registration statement.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-008511), on January 30, 2026, and is solely responsible for the information contained therein.

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