Smartkem to Consider Strategic Alternatives
Smartkem (NASDAQ:SMTK), a company developing innovative transistor technology, has announced that its Board of Directors has authorized management to explore strategic alternatives to enhance stockholder value. The company will evaluate potential strategic transactions, though no specific timetable has been established.
While conducting this strategic review, Smartkem emphasizes that it will continue its normal business operations and remain focused on executing its operational plan to advance the commercialization of its patented technology. The company notes that there is no guarantee that this review will result in any transaction or increase in stockholder value.
Smartkem (NASDAQ:SMTK), azienda che sviluppa una tecnologia innovativa per transistor, ha comunicato che il suo Consiglio di Amministrazione ha autorizzato il management a esaminare opzioni strategiche volte a incrementare il valore per gli azionisti. Verranno valutate possibili operazioni strategiche, senza per貌 un programma temporale definito.
Durante questa revisione strategica, Smartkem sottolinea che continuer脿 le normali attivit脿 operative e manterr脿 l'impegno nell'esecuzione del piano operativo per favorire la commercializzazione della sua tecnologia brevettata. La societ脿 precisa che non vi 猫 alcuna garanzia che la revisione conduca a una transazione o a un aumento del valore per gli azionisti.
Smartkem (NASDAQ:SMTK), una empresa que desarrolla tecnolog铆a de transistores innovadora, ha anunciado que su Junta Directiva ha autorizado a la direcci贸n a explorar alternativas estrat茅gicas para aumentar el valor para los accionistas. Se evaluar谩n posibles operaciones estrat茅gicas, aunque no se ha establecido un calendario espec铆fico.
Mientras lleva a cabo esta revisi贸n estrat茅gica, Smartkem enfatiza que continuar谩 con sus operaciones normales y seguir谩 centrada en ejecutar su plan operativo para avanzar en la comercializaci贸n de su tecnolog铆a patentada. La compa帽铆a aclara que no hay garant铆a de que la revisi贸n resulte en alguna transacci贸n o en un incremento del valor para los accionistas.
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Smartkem (NASDAQ:SMTK), une soci茅t茅 d茅veloppant une technologie innovante de transistors, a annonc茅 que son conseil d'administration a autoris茅 la direction 脿 examiner des alternatives strat茅giques afin d'accro卯tre la valeur pour les actionnaires. La soci茅t茅 茅valuera d'茅ventuelles transactions strat茅giques, sans calendrier pr茅cis pour l'instant.
Pendant cette revue strat茅gique, Smartkem souligne qu'elle poursuivra ses activit茅s normales et restera concentr茅e sur l'ex茅cution de son plan op茅rationnel pour faire avancer la commercialisation de sa technologie brevet茅e. La soci茅t茅 pr茅cise qu'il n'y a aucune garantie que cette revue aboutisse 脿 une transaction ou accroisse la valeur pour les actionnaires.
Smartkem (NASDAQ:SMTK), ein Unternehmen, das innovative Transistor-Technologie entwickelt, gab bekannt, dass sein Vorstand das Management erm盲chtigt hat, strategische Alternativen zur Steigerung des Aktion盲rswerts zu pr眉fen. M枚gliche strategische Transaktionen werden bewertet, ein konkreter Zeitplan wurde jedoch nicht festgelegt.
W盲hrend dieser strategischen 脺berpr眉fung betont Smartkem, dass das Tagesgesch盲ft wie gewohnt fortgef眉hrt wird und man sich weiterhin auf die Umsetzung des Betriebsplans zur F枚rderung der Kommerzialisierung der patentierten Technologie konzentriert. Es bestehe keine Garantie, dass die 脺berpr眉fung zu einer Transaktion oder einer Wertsteigerung f眉r die Aktion盲re f眉hrt.
- Company actively seeking ways to maximize shareholder value through strategic alternatives
- Business operations continue normally during strategic review
- Company maintains focus on commercialization of patented technology
- No guarantee of successful transaction or increased stockholder value
- Strategic review suggests possible challenges in current business model
- Timing of potential transaction remains uncertain
The review will include consideration of transactions intended to increase stockholder value. No timetable has been set for a strategic transaction and there is no assurance that any strategic transaction will result or result in an increase in stockholder value. The Company reserves the right to terminate its review at any time and may determine not to pursue a strategic transaction.
Smartkem intends to continue operating its business in the ordinary course during this process.
While this review is underway, Smartkem remains focused on executing its operational plan to unlock the long-term potential and accelerate towards commercialization of its unique and patented technology.
About Smartkem
Smartkem is seeking to change the world of electronics with a new class of transistors developed using its proprietary advanced semiconductor materials. Our TRUFLEX庐 semiconductor polymers enable low temperature printing processes that are compatible with existing manufacturing infrastructure to deliver low-cost, high-performance displays. Our semiconductor platform can be used in a range of display technologies including MicroLED, LCD and AMOLED, as well as in applications in advanced computer and AI chip packaging, sensors, and logic.鈥��
Smartkem designs and develops its materials at its research and development facility in
The company has an extensive IP portfolio including 140 granted patents across 17 patent families, 14 pending patents and 40 codified trade secrets.聽
For more information, visit our or follow us on .鈥�
Forward-Looking Statements
All statements in this press release that are not historical are forward-looking statements, including, among other things, its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors. These statements are not historical facts but rather are based on Smartkem, Inc.'s current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expect," "intend," "plan," "project," "believe," "estimate," and other similar or elated expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. Such forward-looking statements include statements regarding the pursuit of strategic alternatives and the type, timing and consideration to be received by Smartkem or its stockholders in any strategic transaction that may occur.聽 You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company's control, including the ability of Smartkem to locate and consummate a strategic transaction on acceptable terms, if at all, and the timing of any such transaction that may occur or whether any such transaction that is consummated will result in an increase in stockholder value. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.鈥��
Contacts:
Selena Kirkwood
Head of Communications for Smartkem
T : +44 (0) 7971 460 364
[email protected]
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SOURCE SmartKem, Inc.
FAQ
What strategic alternatives is Smartkem (SMTK) considering in August 2025?
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