{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-129550","form_type":"8-K","ticker":"SMTK","cik":"0001817760","company_name":"SmartKem, Inc.","filed_at":"2024-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.802234+00:00","generated_at":"2026-05-29T02:04:21.098615+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SmartKem amends Series A-1 Preferred terms and settles Hewlett dispute, contingent on $4M offering","bullets":["Consent agreement reduces Series A-1 conversion price to $4.34, removes dividends and liquidation preference, effective upon a Qualified Offering raising at least $4M.","Hewlett Fund releases all claims in exchange for 750,000 Class C Warrants, effective at the same time as the Qualified Offering.","Variable-rate transaction ban extended to 18 months after Qualified Offering; lower price issuance threshold set at $4.00 per share.","No Qualified Offering has occurred; if none, amendments and Hewlett Settlement will not take effect.","Consenting holders include AIGH Investment Partners and others; they waived rights and consented to the offering and settlement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-129550","json":"https://secwatch.observer/filing/0001104659-24-129550.json","markdown":"https://secwatch.observer/filing/0001104659-24-129550.md","text":"https://secwatch.observer/filing/0001104659-24-129550.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817760/000110465924129550/0001104659-24-129550-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817760/000110465924129550/tm2431273d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T02:04:21.098615+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}