Smartkem to merge with Ferrox Critical Minerals, per SRX Global

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SRX Global Portfolio Company Smartkem, Inc. (NASDAQ: SMTK) Announces Merger

August 3, 2026 8:44 AM EDT

NORTH PALM BEACH, Fla., Aug. 03, 2026 (GLOBE NEWSWIRE) -- SRX Global Inc. (NYSE American: SRXH) (the Company, or SRX), an AI-enabled platform dedicated to generating long-term shareholder value through investments in high-conviction operating companies and strategic assets, today announced that its portfolio company Smartkem, Inc. (NASDAQ: SMTK), a leader in advanced materials, will merge with Ferrox Critical Minerals, strengthening its critical minerals sourcing.

The business combination... More