---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-22-001546"
form_type: "8-K"
ticker: "PKTX"
cik: "0001128189"
company_name: "ProtoKinetix, Inc."
filed_at: "2022-12-13T23:59:59+00:00"
generated_at: "2026-06-21T05:11:30.073522+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ProtoKinetix issues 2.52M shares to CEO at $0.025; reprices 93.5M options to $0.028

## Summary
- Issued 2,520,000 shares to CEO Clarence Smith at $0.025/share in private placement, raising $63,000.
- Board cancelled 93.54M options with above-market exercise prices and granted replacement options at $0.028, expiring Dec 6, 2028.
- Replacement options: 45.61M to CEO & CFO, 7.5M to a director, 40.43M to three consultants.
- Cancelled a consultant's warrant for 6M shares at $0.26; issued new warrant at $0.028 expiring Dec 12, 2028.
- Total options outstanding under the 2017 Plan stand at 94,690,000 shares after these changes.

## SEC filing metadata
- accession: 0001079973-22-001546
- form_type: 8-K
- ticker: PKTX
- cik: 0001128189
- company_name: ProtoKinetix, Inc.
- filed_at: 2022-12-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1128189/000107997322001546/0001079973-22-001546-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1128189/000107997322001546/pktx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-22-001546
- JSON: https://secwatch.observer/filing/0001079973-22-001546.json
- Plain text: https://secwatch.observer/filing/0001079973-22-001546.txt

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