Tag: SmartKem

SmartKem, Inc. Raises $24.6 Million and Completes Reverse Acquisition

SmartKem, Inc. has announced the closing of a $24.6 million private placement financing. Prior to the financing, SmartKem Limited completed a reverse acquisition transaction with Parasol Investments Corporation (Parasol), a public Delaware corporation, whereby SmartKem became a wholly owned subsidiary of Parasol. Following the acquisition, Parasol changed its name to SmartKem, Inc. and will continue…