SmartKem Inc. is facing potential delisting from the Nasdaq Capital Market after failing to meet the $2.5 million stockholders’ equity requirement stipulated under Nasdaq Listing Rule 5550(b). The company received a formal notice of non-compliance and was granted a 180-day extension to regain compliance, which expired on February 11, 2026. Following continued non-compliance, Nasdaq staff moved to delist SmartKem’s securities unless the company requests a hearing before the Nasdaq Hearings Panel. SmartKem plans to request the hearing, which will temporarily halt suspension or delisting actions. However, there is no assurance that the Panel will grant an extension or that SmartKem will successfully regain compliance to maintain its Nasdaq listing.

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: 0001104659-26-015258), on February 13, 2026, and is solely responsible for the information contained therein.