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SmartKem, Inc.

Semiconductors & Related Devices · DELAWARE · DE

Distress signal

Moderate confidence (50%)

Updated Sep 26, 2026, 12:03 AM

What is happening

Derived by rule set status-rules-2026.09.7

An exchange warned the company it no longer meets the listing standards. Companies regain compliance often.

Latest material event: SmartKem, Inc. received a delisting notice from its exchange (Sep 10, 2026)

Timeline

Every material event, newest first. History is never overwritten.

  1. SmartKem, Inc. received a delisting notice from its exchange

    Sep 10, 2026

    Delisting notice received

    • SEC EDGAR — “Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously reported in a Current Report on Form 8-K filed by SmartKem, Inc. (the Company ) on March 11, 2026, the Company received on March 5, 2026 formal notice from the Staff of the Listing Qualifications Department (the Staff ) of The Nasdaq Stock Market LLC ( Nasdaq ) that the Company was not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Rule ) for continued listing on The Nasdaq Capital Market. Nasdaq L…”

  2. SmartKem, Inc. received a delisting notice from its exchange

    Apr 21, 2026

    Delisting notice received

    • SEC EDGAR — “Item 3.01. Other Events. On April 21, 2026, SmartKem Inc. (the Company ) was formally notified that the Nasdaq Hearings Panel (the Panel ) determined that the Company has regained compliance with the stockholders equity requirement set forth in Nasdaq Listing Rule 5550(b)(2) and has otherwise evidenced compliance with all other applicable criteria for continued listing on The Nasdaq Capital Market. The Company remains subject to a grace period, through September 1, 2026, to regain compliance with the bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Company was also notifi…”

  3. SmartKem, Inc. received a delisting notice from its exchange

    Mar 5, 2026

    Delisting notice received

    • SEC EDGAR — “Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On March 5, 2026, SmartKem, Inc. (the Company ) received notice (the Notification Letter ) from the staff (the Staff ) of The Nasdaq Stock Market LLC ( Nasdaq ) that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Rule ) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule…”

  4. SmartKem, Inc. received a delisting notice from its exchange

    Feb 12, 2026

    Delisting notice received

    • SEC EDGAR — “Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously reported in a Current Report on Form 8-K filed by SmartKem, Inc. (the Company ), on August 15, 2025, the Company received formal notice from the Staff of the Listing Qualifications Department (the Staff ) of The Nasdaq Stock Market LLC ( Nasdaq ) that the Company did not satisfy the applicable $2.5 million stockholders equity requirement for continued listing on The Nasdaq Capital Market or the alternative criteria under Listing Rule 5550(b) (the Equity Rule ). Th e Comp…”

Company information

Founded
—
Employees (estimate)
—
Industry
Semiconductors & Related Devices
Subindustry
—
Listing
SEC lists the ticker SMTK on Nasdaq.
SEC CIK
0001817760
Website
—
LinkedIn
—
Headquarters
DELAWARE, DE
Also known as
Parasol Investments Corp
Legal entities
SmartKem, Inc.

Sources

Every material source used to build this profile.

  • SEC EDGAR (TIER 1 · UNVERIFIED)

    Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously reported in a Current Report on Form 8-K filed by SmartKem, Inc. (the Company ) on March 11, 2026, the Company received on March 5, 2026 formal notice from the Staff of the Listing Qualifications Department (the Staff ) of The Nasdaq Stock Market LLC ( Nasdaq ) that the Company was not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Rule ) for continued listing on The Nasdaq Capital Market. Nasdaq L…
    View source record

  • SEC Company Submissions (TIER 1 · UNVERIFIED)

    SmartKem, Inc. — Semiconductors & Related Devices (SIC 3674) — DELAWARE, DE
    View source record

  • SEC EDGAR (TIER 1 · UNVERIFIED)

    Item 3.01. Other Events. On April 21, 2026, SmartKem Inc. (the Company ) was formally notified that the Nasdaq Hearings Panel (the Panel ) determined that the Company has regained compliance with the stockholders equity requirement set forth in Nasdaq Listing Rule 5550(b)(2) and has otherwise evidenced compliance with all other applicable criteria for continued listing on The Nasdaq Capital Market. The Company remains subject to a grace period, through September 1, 2026, to regain compliance with the bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Company was also notifi…
    View source record

  • SEC EDGAR (TIER 1 · UNVERIFIED)

    Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On March 5, 2026, SmartKem, Inc. (the Company ) received notice (the Notification Letter ) from the staff (the Staff ) of The Nasdaq Stock Market LLC ( Nasdaq ) that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Rule ) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule…
    View source record

  • SEC EDGAR (TIER 1 · UNVERIFIED)

    Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously reported in a Current Report on Form 8-K filed by SmartKem, Inc. (the Company ), on August 15, 2025, the Company received formal notice from the Staff of the Listing Qualifications Department (the Staff ) of The Nasdaq Stock Market LLC ( Nasdaq ) that the Company did not satisfy the applicable $2.5 million stockholders equity requirement for continued listing on The Nasdaq Capital Market or the alternative criteria under Listing Rule 5550(b) (the Equity Rule ). Th e Comp…
    View source record

Status history

Every derived status, with the rule that produced it.

  • DISTRESS_SIGNAL → DISTRESS_SIGNALLISTING_STANDARDS_WARNING · Sep 18, 2026, 01:29 AM

    An exchange warned the company it no longer meets the listing standards. Companies regain compliance often.

  • DISTRESS_SIGNAL → DISTRESS_SIGNALLISTING_STANDARDS_WARNING · Sep 18, 2026, 01:12 AM

    An exchange warned the company it no longer meets the listing standards. Companies regain compliance often.

  • DISTRESS_SIGNAL → DISTRESS_SIGNALPUBLIC_LISTING_ENDED · Sep 15, 2026, 12:32 PM

    An exchange warned the company it no longer meets the listing standards. Companies regain compliance often.

  • DISTRESS_SIGNAL → DISTRESS_SIGNALPUBLIC_LISTING_ENDED · Sep 14, 2026, 04:46 PM

    An exchange warned the company it no longer meets the listing standards. Companies regain compliance often.

  • UNKNOWN → DISTRESS_SIGNALPUBLIC_LISTING_ENDED · Sep 8, 2026, 04:09 AM

    An exchange warned the company it no longer meets the listing standards. Companies regain compliance often.