SmartKem sets USD 750,000 retention bonus plan tied to Ferrox transaction milestones

SmartKem adopted a transaction retention bonus plan, totaling up to $750,000, tied to its deal with Ferrox Critical Minerals. Half the bonuses were payable upon board action on Sept. 16, 2026, with the remainder due upon filing a Form S-4. The plan includes a 100% clawback if recipients resign before deal closing or June 30, 2027.