SmartKem, Inc. Regains Nasdaq Minimum Bid Price Compliance

What Happened SmartKem, Inc. reported in an 8-K filed September 14, 2026 that Nasdaq’s Listing Qualifications Staff has determined the company regained compliance with Nasdaq Listing Rule 5550(a)(2), the $1.00 minimum bid price requirement. Nasdaq notified SmartKem on September 10, 2026 that the company’s closing bid price was $1.00 or greater for the prior 13 consecutive business days (August 21 through September 9, 2026), and the Staff has deemed the matter closed.

Key Details

• Nasdaq Listing Rule 5550(a)(2) requires a minimum $1.00 per share bid price for continued listing on The Nasdaq Capital Market.
• The company first received a noncompliance notice from Nasdaq on March 5, 2026 (previously reported on Form 8-K filed March 11, 2026).
• Nasdaq’s Staff confirmed compliance for the 13 consecutive business days from August 21–September 9, 2026 and notified SmartKem on September 10, 2026.
• As of this notice, the Staff has deemed the listing deficiency closed.

Why It Matters Regaining compliance removes the immediate risk of delisting related to the minimum bid price deficiency and preserves SmartKem’s listing on the Nasdaq Capital Market, which supports trading liquidity and investor access. Investors should still watch the company’s share price going forward, since continued compliance depends on maintaining at-or-above the $1.00 bid price; the filing does not include financial results or other operational updates.