SRX Global Portfolio Company Smartkem, Inc. (NASDAQ: SMTK) Announces Merger
SRX Global, Inc. (NYSE American: SRXH) announced that its portfolio company Smartkem, Inc. (NASDAQ: SMTK), a leader in advanced materials, will merge with Ferrox Critical Minerals, a move it said strengthens critical minerals sourcing.
Why it matters — The merger involves an SRX portfolio company, so the development could affect the value of SRX's investment portfolio.