---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-035240"
form_type: "8-K"
ticker: "SMTK"
cik: "0001817760"
company_name: "SmartKem, Inc."
filed_at: "2026-03-26T23:59:59+00:00"
generated_at: "2026-05-15T08:52:17.388083+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# SmartKem raises $2.6M in registered direct offering of 11.4M shares at $0.2303/share

## Summary
- Sold 11,365,350 shares to institutional investors at $0.2303 per share for gross proceeds of $2,617,440.
- Closing expected on or about March 26, 2026, subject to customary conditions.
- Net proceeds to be used for working capital and general corporate purposes.
- Offering made under effective shelf registration statement on Form S-3 (File No. 333-281608).

## SEC filing metadata
- accession: 0001104659-26-035240
- form_type: 8-K
- ticker: SMTK
- cik: 0001817760
- company_name: SmartKem, Inc.
- filed_at: 2026-03-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817760/000110465926035240/0001104659-26-035240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817760/000110465926035240/tm269537d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-035240
- JSON: https://secwatch.observer/filing/0001104659-26-035240.json
- Plain text: https://secwatch.observer/filing/0001104659-26-035240.txt

## Key facts
- Material Agreements
  SmartKem, Inc. entered into Purchase Agreement with certain institutional investors valued at $2,617,440 (effective 2026-03-20).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: certain institutional investors
  - Value: $2,617,440
  - Effective: 2026-03-20
  source text: On March 20, 2026, SmartKem, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817760/000110465926035240/0001104659-26-035240-index.htm

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