Smartkem Reduces Accounts Payable Through Debt Conversion Agreement
ByAinvest
Friday, Feb 6, 2026 8:08 am ET1min read
SMTK--
Smartkem has reduced its accounts payable through a debt conversion agreement, satisfying $2.0 million in outstanding obligations with a combination of common stock and pre-funded warrants at an implied conversion price of $2.75 per share. This has resulted in a significant reduction of the Company's accounts payable.
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