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SmartKem Extends Agreement with CPI Innovation Services

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SmartKem Extends Agreement with CPI Innovation Services

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SmartKem ( (SMTK) ) has provided an announcement.

On June 19, 2025, SmartKem Limited extended its framework services agreement with CPI Innovation Services Limited to December 31, 2025. The extension includes a waiver of minimum usage obligations and a cost-sharing arrangement for equipment relocation, impacting SmartKem’s operational flexibility and collaboration with CPIIS.

Spark’s Take on SMTK Stock

According to Spark, TipRanks’ AI Analyst, SMTK is a Underperform.

SmartKem’s overall score is heavily influenced by its financial struggles, marked by consistent net losses and negative cash flow. Technical analysis shows a strong bearish trend, further weighing on the score. Valuation metrics indicate the stock is overvalued with negative earnings, and recent corporate obligations may exacerbate financial strain.

To see Spark’s full report on SMTK stock, click here.

More about SmartKem

SmartKem Limited is a subsidiary of SmartKem, Inc., operating in the technology industry. The company focuses on providing access to process equipment and skilled staff for fabrication through its partnership with CPI Innovation Services Limited.

Average Trading Volume: 67,960

Technical Sentiment Signal: Sell

Current Market Cap: $4.43M

Find detailed analytics on SMTK stock on TipRanks’ Stock Analysis page.

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