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-0.103262955854127 -0.0596928982725528 -0.116890595009597 -0.0786948176583493 -0.0978886756238004 -0.0786948176583494 -0.0401151631477928 -0.0593090211132438
Stock impact report

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

SmartKem, Inc. (SMTK) 
Company Research Source: GlobeNewswire
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- E.F. Hutton and Co. (“E.F. Hutton”), a leading investment banking and financial advisory firm, announced that it is serving as exclusive M&A advisor to Smartkem, Inc. (Nasdaq: SMTK) in connection with Smartkem’s proposed acquisition of Carbonium Core, Inc., a U.S.-based advanced materials company focused on the production of nuclear-grade graphite for next-generation reactor technologies. The proposed transaction is structured pursuant to a non-binding letter of intent under which Smartkem intends to acquire 100% of the outstanding shares of Carbonium Core, Inc. in exchange for newly created Series B Convertible Preferred Stock, subject to the execution of definitive agreements, completion of due diligence, receipt of required approvals, and other customary closing conditions. The transaction is intended to expand Smartkem’s advanced materials portfolio into a strategically critical end market characterized by high technical barriers, lon Show less Read more
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