secwatch.observer — SEC 8-K summary
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Issuer:     SmartKem, Inc. (SMTK)
CIK:        0001817760
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0001104659-23-102289
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartKem announces 1-for-35 reverse stock split effective Sept 21
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- Board approved 1-for-35 reverse split on Sept 19, 2023; effective 12:01 AM ET Sept 21.
- Outstanding shares reduced from 30,507,773 to approximately 871,706; no fractional shares.
- Common stock continues on OTCQB under symbol SMTK; new CUSIP 83193D203.
- Equity incentive plan shares proportionally reduced from 26,008,708 to 743,106.
- Effective date corrected from Sept 20 to Sept 21 after FINRA discussion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817760/000110465923102289/0001104659-23-102289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817760/000110465923102289/tm2326434d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-102289

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