secwatch.observer — SEC 8-K summary
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Issuer:     SmartKem, Inc. (SMTK)
CIK:        0001817760
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001104659-25-046160
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Series A-1 Preferred Stock converts to 690,788 common shares and 1,282,412 warrants
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- 856 shares of Series A-1 Preferred Stock (stated value $10,000/share) automatically converted on May 7, 2025.
- Conversion yielded 690,788 shares of Common Stock and Class C warrants to purchase 1,282,412 shares at $0.0001/share.
- Following conversion, Company had 4,431,165 shares of Common Stock issued and outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817760/000110465925046160/0001104659-25-046160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817760/000110465925046160/tm2514267d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-046160

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer