SmartKem, Inc. announced that its wholly-owned UK subsidiary, SmartKem, Ltd., will be placed into creditors' Voluntary Liquidation. The company stated this action will not impact its ongoing business operations.
Key Details
- Action: On June 12, 2026, the company announced its UK subsidiary, SmartKem, Ltd., will be placed into Voluntary Liquidation with assistance from an administrator.
- Parent Company Impact: SmartKem, Inc. specified that this subsidiary liquidation will not affect its current operations.
- Status: The parent company, SmartKem, Inc., has not filed for bankruptcy or any reorganization scheme in the U.S. or the UK and continues its business operations.