Target #03Nasdaq: SMTKOrganic semiconductor materialsUnited States

SMTK
SmartKem, Inc.
$0.29599.23%USD · Nasdaq, delayed
// Intel
Key numbers
Market cap$306.5K
Volume209,084
52-week high$102.50
52-week low$0.2306
From 52w high-99.71%
Shares (implied)1,035,799
1% stake costs$3.1K
Rank#3 smallest of 10
// Profile
About SmartKem
Develops TRUFLEX organic semiconductor materials that drop into existing display and electronics production lines. R&D runs from Manchester, UK, which the Delaware parent took over when its UK subsidiary entered creditors' voluntary liquidation in June 2026.
Why it’s a target
Reported $3.7M of cash at June 30 against a market cap of about $0.34M. Patents and process know-how come attached to a company priced at a fraction of its last cash balance.
Main risk
Series A preferred convertible into about 19.9M common shares sits over roughly 1.04M outstanding (after a 1-for-50 split in August). Management says cash does not cover 12 months.
// The ladderSMTK
- 1%Top holder$3.1KTop-holder list on most micro-caps
- 5%13D filed$15.3KSchedule 13D/13G beneficial-owner filing
- 10%Insider$30.6KSection 16 insider status
- 50.1%Control$153.6KMajority control of the vote
Costs at the last price, before market impact.
// In play