Smartkem secures Nasdaq listing for display technology innovation

Smartkem, a company headquartered in Manchester, England, has recently achieved a significant milestone by securing approval to list its common stock on the Capital Market tier of The Nasdaq Stock Market LLC under the symbol 'SMTK'. This transition from the OTCQB to Nasdaq is aimed at boosting marketability, liquidity, and trading volume for Smartkem.

Specializing in the development of organic thin-film transistors (OTFTs), Smartkem is poised to transform the display industry with its groundbreaking technology. The company's TRUFLEX® semiconductor and dielectric inks, protected by patents, facilitate the production of high-performance displays at a reduced cost compared to existing solutions.

One of the key advantages of Smartkem's innovative inks is their compatibility with current manufacturing infrastructure, allowing for low-temperature printing processes. This feature makes them ideal for various display technologies like microLED, miniLED, and AMOLED displays found in a wide range of devices including televisions, laptops, AR/VR headsets, smartwatches, and smartphones.

Based in Manchester, UK, Smartkem conducts its material development at its research facility and offers prototyping services at the Centre for Process Innovation (CPI) in Sedgefield, UK, with a field application office in Taiwan. With an impressive intellectual property portfolio comprising 125 granted patents and 40 trade secrets, Smartkem is well-positioned to lead innovation in the electronics sector.

Looking ahead, Smartkem's forward-looking statements anticipate positive impacts from the Nasdaq listing on its market position, product development, and relationships with partners and investors. However, it is important to note that actual outcomes may vary due to inherent uncertainties and risks in the market.

Smartkem's listing on Nasdaq marks a significant step forward in the company's journey to revolutionize display technology. With its cutting-edge solutions and commitment to innovation, Smartkem is poised to make a lasting impact on the electronics industry, offering enhanced display capabilities at a competitive cost.