E.F. Hutton Serves as Exclusive M&A Advisor to Smartkem on Proposed Acquisition of Carbonium Core, Inc.

E.F. Hutton is advising Smartkem (NASDAQ: SMTK) on its proposed acquisition of Carbonium Core, Inc., a U.S.-based advanced materials company specializing in nuclear-grade graphite production. The transaction values Carbonium Core at $120 million in Series B Convertible Preferred Stock, with 50% issued at closing and 50% contingent on milestone achievement. The deal aims to expand Smartkem's portfolio into the strategically important nuclear materials market while supporting domestic supply chain resilience.

02/05/2026, 9:00 AM • Benzinga

Smartkem Welcomes State-Level Support for Carbonium Core’s Proposed Nuclear Graphite Manufacturing Unit

Smartkem announced a non-binding letter of intent with Carbonium Core to establish domestic nuclear-grade graphite manufacturing in Tennessee's Cumberland Gap region. The proposed transaction combines Smartkem's advanced materials expertise with Carbonium Core's vertically integrated nuclear graphite production capabilities to create a secure domestic supply chain for next-generation nuclear reactors. Tennessee state leadership has expressed support for the project, citing potential job creation and economic growth benefits.

02/03/2026, 8:00 AM • GlobeNewswire

Smartkem Signs Letter of Intent with Carbonium Core, Inc. to Expand Advanced Materials Portfolio into Nuclear-Grade Graphite

Smartkem (Nasdaq: SMTK) announced a non-binding letter of intent to acquire 100% of Carbonium Core, Inc., a U.S.-based nuclear-grade graphite producer, for $120 million in Series B Convertible Preferred Stock. The strategic acquisition aims to expand Smartkem's materials portfolio into the nuclear sector, establish a secure domestic supply chain for critical nuclear materials, and support advanced reactor technologies. The transaction is expected to close by February 5, 2026, subject to due diligence and customary closing conditions.

02/02/2026, 8:00 AM • GlobeNewswire

Smartkem Signs Letter of Intent with Carbonium Core, Inc. to Expand Advanced Materials Portfolio into Nuclear-Grade Graphite

Smartkem Inc. (NASDAQ: SMTK) has signed a non-binding letter of intent to acquire 100% of Carbonium Core, Inc., a U.S.-based advanced materials company specializing in nuclear-grade graphite for advanced reactor technologies. The acquisition, valued at $120 million in Series B Convertible Preferred Stock, aims to expand Smartkem's portfolio into the strategically critical nuclear materials market and establish a secure domestic supply chain. The transaction is expected to close by February 5, 2026, subject to due diligence and customary closing conditions.

02/02/2026, 8:00 AM • Benzinga

Smartkem Signs Proof of Concept Agreement with Global Consumer Electronics Giant for MicroLED Wearables

Smartkem announced a 12-month paid proof-of-concept agreement with a major consumer electronics company to develop next-generation smart wearables featuring conformable MicroLED displays using Smartkem's organic thin-film transistor (OTFT) technology. The collaboration aims to address key wearables challenges including miniaturization, power consumption, and durability, with potential manufacturing on existing Gen2.5 production lines.

01/06/2026, 7:00 AM • GlobeNewswire

Smartkem Engages Anthony Amato to Support Specific Strategic Initiatives

Smartkem has hired Anthony Amato and his consulting firm Bridge Associates International Pharmaceutical Consulting (BAIPC) to provide strategic advisory services and support the company's long-term growth initiatives in semiconductor technology.

09/02/2025, 10:32 AM • Benzinga