8-K
filed October 7, 2025, 7:59 PM ET
ticker SMTK
CIK 0001817760
M&A
confidence high
sentiment neutral
materiality 0.70
SmartKem enters non-binding LOI for reverse merger with Jericho Energy Ventures
SmartKem, Inc.
- Jericho stockholders to own 65%, SmartKem stockholders 35% of combined company in all-stock deal.
- Brian Williamson (Jericho CEO) to become CEO of combined company; board majority from Jericho.
- SmartKem may purchase Jericho common shares up to $1M, subject to conditions including $500k minimum by Nov 30, 2025.
- 60-day exclusivity period to negotiate definitive agreement; deal subject to due diligence, stockholder/Nasdaq approvals.
- Also disclosed issuance of up to 500k shares for IR services and prior issuances of 10k shares each in July/Aug/Sep to vendors.
Key facts
Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
SmartKem, Inc. issued up to 500,000 shares of common stock to two consulting firms for in consideration for such services.
- Security
- common stock
- Shares
- up to 500,000 shares
- Purchaser
- two consulting firms
- Consideration
- in consideration for such services
Exact text from the filing
On October 7, 2025, SmartKem, Inc. (the “Company”) entered into agreements with two consulting firms to provide investor relations related services to the Company, and in consideration for such services, agreed to issue up 500,000 shares (the “Shares”) of common stock of the Company
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
SmartKem, Inc. issued 10,000 shares of common stock to a vendor for as consideration for consulting services.
- Security
- common stock
- Shares
- 10,000 shares
- Purchaser
- a vendor
- Consideration
- as consideration for consulting services
Exact text from the filing
On July 1, 2025, the Company issued 10,000 shares of Common Stock to a vendor as consideration for consulting services.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
SmartKem, Inc. issued 10,000 shares of common stock to a vendor for as consideration for consulting services.
- Security
- common stock
- Shares
- 10,000 shares
- Purchaser
- a vendor
- Consideration
- as consideration for consulting services
Exact text from the filing
On August 1, 2025, the Company issued 10,000 shares of Common Stock to a vendor as consideration for consulting services.
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
SmartKem, Inc. issued 10,000 shares of common stock to a vendor for as consideration for consulting services.
- Security
- common stock
- Shares
- 10,000 shares
- Purchaser
- a vendor
- Consideration
- as consideration for consulting services
Exact text from the filing
On September 2, 2025, the Company issued 10,000 shares of Common Stock to a vendor as consideration for consulting services.
View on SEC.gov
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