SubsidiaryJun 12, 2026, 05:02 PM
SmartKem Subsidiary Enters Creditors Voluntary Liquidation
AI Summary
SmartKem, Inc. announced that its wholly-owned English subsidiary, SmartKem, Ltd., has initiated the process of creditors Voluntary Liquidation. The company clarified that this action will not affect SmartKem, Inc.'s current operations. SmartKem, Inc. itself has not filed for bankruptcy or reorganization and continues to operate its business.
Key Highlights
- SmartKem, Ltd., a wholly-owned English subsidiary, is entering creditors Voluntary Liquidation.
- The liquidation of SmartKem, Ltd. will not impact SmartKem, Inc.'s current operations.
- SmartKem, Inc. has not filed for bankruptcy or statutory reorganization in the US or UK.
- SmartKem, Inc. is continuing to operate its business.
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