On June 12, 2026, SmartKem, Inc. announced that the directors of its wholly owned subsidiary, SmartKem, Ltd., have instructed an administrator to begin placing the subsidiary into creditors' voluntary liquidation. The company stated this process will not impact its current operations and confirmed that SmartKem, Inc. has not filed for any bankruptcy or statutory reorganization. SmartKem, Inc. is a company involved in the development and commercialization of graphene-based materials.
