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SmartKem, Inc Raises $24 6 Million and Completes Reverse Acquisition

Share this article Share this article MANCHESTER, England, Feb. 24, 2021 /PRNewswire/  SmartKem, Inc. (the Company), a pioneer in the development of materials and processes used to make organic semiconductor materials for the manufacture of flexible electronics, today announced the closing of a $24.6 million private placement financing.  Prior to the financing, SmartKem Limited (SmartKem) 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 the historic business of SmartKem. The directors of SmartKem, Ian Jenks, Robert Bahns, Dr. Simon King, Klaas de Boer and Barbra Keck, have become the directors of the Company. Ian Jenks has become the Chief Executive Officer of the Company and Robert Bahns has become the Chief Financial Officer of the Company.

We Asked If You Tried To Get A Coronavirus Vaccine You Expressed Your Frustration

Vials of the Pfizer-BioNTech vaccine are prepared for distribution in Pinellas County on Dec. 16, 2020. We asked for your experiences in scheduling a vaccine appointment. A combination of high demand, limited supply and crashed websites have made for a frustrating week. Here is a sampling of your responses. Disaster. Impossible. Hopeless. Frustrated. Disgrace. These are just some of the words WUSF News and Health News Florida heard from Floridians asked to share their experiences with the state s COVID vaccine distribution efforts. A combination of high demand and limited supply have created a difficult situation for residents age 65 and over and eligible to receive a dose of the vaccine. Add onto that a reservation system for seniors that’s dependent on online signups.

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