{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-097444","form_type":"8-K","ticker":"SMTK","cik":"0001817760","company_name":"SmartKem, Inc.","filed_at":"2025-10-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.575652+00:00","generated_at":"2026-05-17T04:28:42.662104+00:00","sec_items":["3.02","8.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SmartKem enters non-binding LOI for reverse merger with Jericho Energy Ventures","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-097444","json":"https://secwatch.observer/filing/0001104659-25-097444.json","markdown":"https://secwatch.observer/filing/0001104659-25-097444.md","text":"https://secwatch.observer/filing/0001104659-25-097444.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817760/000110465925097444/0001104659-25-097444-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817760/000110465925097444/tm2528045d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:28:42.662104+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"}