SmartKem, Inc. - SMTK STOCK NEWS

Welcome to our dedicated page for SmartKem news (Ticker: SMTK), a resource for investors and traders seeking the latest updates and insights on SmartKem stock.

SmartKem, Inc. (OTCQB: SMTK) is at the forefront of transforming the electronics industry with its innovative organic thin-film transistors (OTFTs). The company's core focus lies in the design, development, and technology transfer of low-temperature, solution-deposited organic semiconductors, primarily used in transistor backplanes. These semiconductors find applications in a wide range of display technologies, including mini-LED displays, AMOLED displays, fingerprint sensors, and logic circuits.

SmartKem’s cutting-edge TRUFLEX® inks, which enable these advances, boast low-temperature processing and high charge mobility, offering an affordable and efficient alternative to traditional semiconductor solutions. The company’s technology is geared towards revolutionizing the display industry by providing cost-effective, high-performance display solutions compatible with existing manufacturing infrastructures.

Recent Achievements and Projects

On November 7, 2023, SmartKem announced a significant scientific publication in Nature Communications, highlighting the integration of OTFT technology with micro-LED displays, demonstrating the highest brightness and resolution metrics achieved in the field.
The company has entered into a joint development agreement with Shanghai Tianma Microelectronics Co., Ltd., aiming to integrate OTFTs with oxide transistors to create advanced biochips for various sensor applications.
SmartKem has also collaborated with the Industrial Technology Research Institute (ITRI) in Taiwan as part of its commercialization strategy, enabling global display manufacturers to prototype products using SmartKem's technology.
The company recently announced a partnership with RiTdisplay Corp. to develop a new type of active-matrix OLED display, which is anticipated to be a groundbreaking advancement in display technology.
In March 2024, SmartKem was awarded funding by Innovate UK as part of the Taiwan-UK Research & Development Collaboration, supporting their joint efforts in display technology innovation.

Financial Condition
As of December 31, 2023, SmartKem reported a decrease in operating losses to $8.5 million, attributed to reduced research and development expenses and lower administrative costs. The company secured $12.7 million in financing activities throughout the year, significantly bolstering its financial position.

Partnerships and IP Portfolio
SmartKem has an extensive portfolio of 125 granted patents across 19 patent families and 40 codified trade secrets, underscoring its innovative prowess and commitment to advancing display technologies. Partnerships with leading research institutes and corporations like ITRI and RiTdisplay further strengthen SmartKem’s market position and potential for commercial success.

For more information, visit: www.smartkem.com and follow the company on LinkedIn and Twitter @SmartKemTRUFLEX.

03/22/2024 08:00 AM

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Smartkem Commences Project with RiTdisplay To Develop World's First Commercially Ready Active-Matrix OLED Display Using OTFT Technology

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Smartkem collaborates with RiTdisplay to develop world's first commercially ready AMOLED display using organic transistors funded by Taiwan-UK Research & Development Collaboration.

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03/18/2024 10:00 AM

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Smartkem Announces Technology Collaboration Agreement with the Industrial Technology Research Institute (ITRI) in Taiwan

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Smartkem (SMTK) announces a technology collaboration agreement with the Industrial Technology Research Institute (ITRI) in Taiwan to accelerate the manufacturing of commercially ready products using Smartkem's OTFT technology. The collaboration aims to prototype products on ITRI's Gen 2.5 hybrid pilot line before transferring to customers' manufacturing lines or third-party subcontractors, potentially revolutionizing display manufacturing processes globally.

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02/20/2024 08:00 AM

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SMARTKEM ANNOUNCES JOINT DEVELOPMENT AGREEMENT WITH TIANMA

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Smartkem, Inc. (SMTK) partners with Shanghai Tianma Microelectronics Co., Ltd. to develop OTFT-based microarray biochips, potentially opening new markets for their technology. The collaboration aims to combine Smartkem's OTFTs with Tianma's oxide transistors to create logic gates for sensor and IoT applications. The project is expected to leverage Smartkem's high charge mobility organic transistors to enhance performance and reduce production costs compared to traditional silicon devices.

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11/28/2023 08:00 AM

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SMARTKEM, INC. APPOINTS MELISA A. DENIS TO THE BOARD OF DIRECTORS

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SmartKem, a company specializing in organic thin-film transistors (OTFTs) and listed as SMTK on OTCQB, has appointed Melisa A. Denis to its Board of Directors. Ms. Denis will chair the Audit Committee and join the Compensation and Nominating and Corporate Governance Committee. With a background in Big-4 accounting and public company board experience, Ms. Denis is expected to bring valuable expertise as SmartKem continues to disrupt the world of technology with its leading-edge organic thin-film transistors.

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11/27/2023 08:00 AM

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SMARTKEM, INC. CHIEF TECHNOLOGY OFFICER, DR. SIMON OGIER, TO GIVE LIVE PRESENTATION AT TECHBLICK MINI- AND MICRO-LED DISPLAYS CONFERENCE

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SmartKem, a company reshaping the electronics industry with organic thin-film transistors (OTFTs), will have its Chief Technology Officer, Dr. Simon Ogier, present at the virtual TechBlick Mini- and Micro-LED Displays conference on November 29, 2023. The presentation will focus on 'Chip-first active-matrix micro-LED displays using low temperature OTFT backplanes' and demonstrate the capabilities of SmartKem's technology described in a recent paper published in Nature Communications.

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11/27/2023 08:00 AM

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/C O R R E C T I O N -- SmartKem, Inc./

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SmartKem, a company listed on the OTCQB under the ticker symbol SMTK, announced that its Chief Technology Officer, Dr. Simon Ogier, will be presenting at the virtual TechBlick Mini- and Micro-LED Displays conference on November 29, 2023. The presentation will focus on SmartKem's disruptive organic thin-film transistors (OTFTs) technology and micro-LED display application, showcasing the capabilities of their recent paper published in Nature Communications.

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11/07/2023 08:00 AM

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SMARTKEM, INC. MICRO-LED DISPLAY PAPER PUBLISHED IN LEADING SCIENCE JOURNAL, NATURE COMMUNICATIONS

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SmartKem, Inc. (OTCQB: SMTK) announced the publication of a scientific paper in Nature Communications detailing their collaboration with Shanghai Jiao Tong University to develop organic thin-film transistors (OTFTs) for active-matrix micro-LED displays. The paper showcases the successful demonstration of OTFT-driven active-matrix micro-LED displays with high brightness and resolution, highlighting the potential of SmartKem's TRUFLEX® OTFT technology.

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09/19/2023 04:01 PM

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SMARTKEM, INC. ANNOUNCES 1-for-35 REVERSE STOCK SPLIT

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SmartKem to proceed with a 1-for-35 reverse stock split, effective from September 20, 2023.

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09/19/2023 04:01 PM

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/C O R R E C T I O N -- SmartKem, Inc./

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SmartKem, Inc. announces a 1-for-35 reverse stock split, with the effective date expected to be September 21, 2023. The company's common stock will begin trading on a post-split basis at the market open on that day.

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07/18/2023 08:00 AM

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SRI PERUVEMBA JOINS SMARTKEM BOARD OF DIRECTORS

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FAQ

What is the current stock price of SmartKem (SMTK)?

The current stock price of SmartKem (SMTK) is $2.96 as of December 20, 2024.

What is the market cap of SmartKem (SMTK)?

The market cap of SmartKem (SMTK) is approximately 5.2M.

What does SmartKem, Inc. do?

SmartKem focuses on developing organic thin-film transistors (OTFTs) for use in advanced display technologies, including mini-LED, AMOLED, and micro-LED displays.

What are SmartKem's recent achievements?

Recent achievements include a joint development agreement with Shanghai Tianma Microelectronics, a strategic partnership with ITRI in Taiwan, and significant scientific publications demonstrating the capabilities of their OTFT technology.

What are TRUFLEX® inks?

TRUFLEX® inks are SmartKem's proprietary semiconductor and dielectric inks used to create organic thin-film transistors, enabling low-temperature processing and high charge mobility.

What applications can SmartKem's OTFT technology be used for?

SmartKem's OTFT technology is used in a variety of display technologies such as mini-LED, AMOLED, and micro-LED displays, as well as in fingerprint sensors and logic circuits.

How is SmartKem contributing to the display industry?

SmartKem is revolutionizing the display industry by providing cost-effective, high-performance display solutions compatible with existing manufacturing infrastructures.

What is the financial condition of SmartKem?

As of December 31, 2023, SmartKem reported a decrease in operating losses to $8.5 million and secured $12.7 million in financing activities, strengthening its financial position.

What is the significance of SmartKem's partnership with ITRI?

The partnership with ITRI enables global display manufacturers to prototype products using SmartKem's OTFT technology, accelerating the development of low-temperature processed display backplanes.

What are some key collaborations of SmartKem?

Key collaborations include agreements with Shanghai Tianma Microelectronics, ITRI, and RiTdisplay Corp., focusing on integrating OTFT technology with various display and sensor applications.

What is SmartKem's IP portfolio like?

SmartKem has an extensive IP portfolio with 125 granted patents across 19 patent families and 40 codified trade secrets, highlighting its innovative strength.