SmartKem Raises Capital Through New Securities Purchase Agreement

SmartKem ( (SMTK) ) has provided an announcement.

On January 30, 2026, SmartKem, Inc. entered into a securities purchase agreement with an institutional investor and closed an offering of 677,129 shares of common stock at $0.50 per share and 683,871 pre-funded warrants at $0.4999 per warrant, raising gross proceeds of $680,500. The immediately exercisable pre-funded warrants, which carry a minimal exercise price and a 9.99% beneficial ownership cap with adjustable limits subject to a 61-day waiting period, provide the investor with flexible upside exposure while supplying SmartKem with additional working capital and general corporate funding, potentially strengthening its liquidity position and broadening its institutional investor base.

The most recent analyst rating on (SMTK) stock is a Sell with a $0.65 price target. To see the full list of analyst forecasts on SmartKem stock, see the SMTK Stock Forecast page.

Spark’s Take on SMTK Stock

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

The score is driven primarily by weak financial performance (ongoing losses, cash burn, and negative equity) and poor technicals (below key moving averages with negative MACD). Corporate events provide some upside from the MicroLED proof-of-concept, but this is tempered by near-term funding and operational strain; valuation provides limited support due to negative earnings.

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

More about SmartKem

SmartKem, Inc. is a publicly listed company that issues common stock and related securities in U.S. capital markets, using shelf registration statements to access institutional investors for working capital and general corporate purposes.

Average Trading Volume: 135,475

Technical Sentiment Signal: Sell

Current Market Cap: $4.11M

Learn more about SMTK stock on TipRanks’ Stock Analysis page.