SmartKem is trading 10.67% up now at $0.10 after announcing a 1-for-50 reverse stock split on August 19, 2026.
- The split is intended to raise the per-share price and support continued Nasdaq listing compliance.
- It becomes effective after the August 20 market close, with split-adjusted trading scheduled for August 21.
- The move appears company-specific rather than driven by broader market weakness.