Score Breakdown
Offering Ability
100
Cash Runway
85
Float Risk
35
Warrant Exposure
15
Convertible Debt
60
Dilution Forecast
⛈️
Warning
High probability of dilution event
model est. 65%
💰 Capital Raise
model 73%
• Low cash runway: 5 months remaining
• Active shelf registration ($500M, 7746% of market cap)
🔄 Reverse Split
model est. 70%
• 50-day avg $0.27 below $1 exchange minimum
• Only 5 months cash — financial pressure
🔁 Convertible Conversion
model 40%
• Significant convertible debt: 18% potential dilution
• Elevated convertible risk (60/100)
Market Data
Market Cap$6.46M
Shares Outstanding28.26M
Float20.53M
Cash$3.69M
Debt$608.0K
Short InterestN/A
Institutional Holdings
QoQ: ↑ 35.2% shares (2026Q1 vs prior)
12 institutional holders · 1.38M shares
#1
AIGH Capital Management LLC
895.4K shares
#2
Rossby Financial, LCC
236.0K shares
#3
Financial Plan, Inc.
60.0K shares
+ 9 more holders Sign up free to view →
Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.
Short Interest
Short Interest837.2K
Days to Cover1.7
% of Float4.1%
FINRA data as of Jul 31, 2026
Recent SEC Activity
xbrl
XBRL WARRANT
2026-03-22
xbrl
XBRL CONVERTIBLE
2020-12-31
424B3
ATM
2026-04-27
424B3
ATM
2026-04-27
EFFECT
EFFECT
2026-04-24
Full SEC filing analysis available with free account →
Recent News
No recent news
Factual SMTK Dilution Snapshot
SmartKem, Inc. (SMTK) has a DilutionScore of 82/100, rated Critical dilution risk. Score date: August 28, 2026.
- Stored shelf registration capacity: $500.0M.
- Stored ATM program remaining capacity: $500.0M.
- Stored outstanding warrants: 385,130.
- Recent SEC activity tracked for SMTK: 424B3 on 2026-04-27; 424B3 on 2026-04-27; EFFECT on 2026-04-24.
This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.
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