---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-22-000312"
form_type: "8-K"
ticker: "PKTX"
cik: "0001128189"
company_name: "ProtoKinetix, Inc."
filed_at: "2022-03-21T23:59:59+00:00"
generated_at: "2026-06-26T21:16:17.565184+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ProtoKinetix issues 1M units for $50k, grants 10M stock options to insiders and consultants

## Summary
- Private placement: 1M units (share + warrant at $0.05) to CEO Clarence Smith for $50,000.
- Board increased 2017 Plan reserve from 89.7M to 97.7M shares for future equity awards.
- Options for 10M shares granted to CEO, CFO, director, and three consultants at $0.06, vesting quarterly.
- Options expire March 14, 2030; total options outstanding now 94,690,000 under the plan.

## SEC filing metadata
- accession: 0001079973-22-000312
- form_type: 8-K
- ticker: PKTX
- cik: 0001128189
- company_name: ProtoKinetix, Inc.
- filed_at: 2022-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1128189/000107997322000312/0001079973-22-000312-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1128189/000107997322000312/pktx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-22-000312
- JSON: https://secwatch.observer/filing/0001079973-22-000312.json
- Plain text: https://secwatch.observer/filing/0001079973-22-000312.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.