---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-056419"
form_type: "8-K"
ticker: "SMTK"
cik: "0001817760"
company_name: "SmartKem, Inc."
filed_at: "2025-06-04T23:59:59+00:00"
generated_at: "2026-05-20T00:09:39.161526+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "medium"
source: SEC EDGAR
---

# SmartKem extends CPI services agreement to June 30, 2025 with increased minimum spend and extension fee

## Summary
- SmartKem's subsidiary extended its Framework Services Agreement with CPI Innovation Services to June 30, 2025 via a Letter of Variation.
- Minimum spend for the extension period is £[***] per month plus VAT; a monthly extension fee of £[***] plus VAT also applies.
- The extension aligns with a fee structure being discussed for a proposed new contract between the parties.
- Machine unavailability due to Pragmatic's exit or Clean Room 2 setup will be handled per existing provisions; no deduction from minimum spend or fee for Clean Room 2 moves.
- Certain financial details are omitted as confidential and not material.

## SEC filing metadata
- accession: 0001104659-25-056419
- form_type: 8-K
- ticker: SMTK
- cik: 0001817760
- company_name: SmartKem, Inc.
- filed_at: 2025-06-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: medium
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817760/000110465925056419/0001104659-25-056419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817760/000110465925056419/tm2517144d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-056419
- JSON: https://secwatch.observer/filing/0001104659-25-056419.json
- Plain text: https://secwatch.observer/filing/0001104659-25-056419.txt

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