secwatch.observer — SEC 8-K summary
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Issuer:     SmartKem, Inc. (SMTK)
CIK:        0001817760
Form:       8-K
Filed at:   2025-10-14T23:59:59+00:00
Accession:  0001104659-25-099052
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartKem amends private placement purchase agreement to lower price protection threshold from $4.00 to $2.75
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- Amendment dated October 13, 2025 with holders of June 2023 private placement securities.
- Section 4.12(c) of Purchase Agreement changed to lower the Lower Price Issuance trigger from $4.00 to $2.75.
- Consenting holders include AIGH Investment Partners and The Hewlett Fund, holding required majority.
- No other terms of the Purchase Agreement were modified; public disclosure required within one day.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817760/000110465925099052/0001104659-25-099052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817760/000110465925099052/tm2528045d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-099052

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