SmartKem, Inc. (SMTK) announced it has regained compliance with The Nasdaq Stock Market's minimum bid price requirement of $1.00 per share. The company had previously received a notice of non-compliance on March 5, 2026.
Key Details
- Compliance Confirmation: On September 10, 2026, Nasdaq notified the company that it had satisfied the requirement for continued listing under Nasdaq Listing Rule 5550(a)(2).
- Performance Period: Compliance was achieved after the company's common stock maintained a closing bid price at or above $1.00 for 13 consecutive business days, from August 21, 2026, to September 9, 2026.
- Outcome: Nasdaq has deemed the matter closed, resolving the previous listing deficiency.