---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-046807"
form_type: "8-K/A"
ticker: "SMTK"
cik: "0001817760"
company_name: "SmartKem, Inc."
filed_at: "2026-04-22T23:59:59+00:00"
generated_at: "2026-05-15T04:55:20.870952+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SmartKem amends March Series A financing terms: warrants increased to 24.5M, exercise price cut to $0.5812

## Summary
- Amends 8-K filed March 30, 2026; original warrant count of 23,251,960 corrected to 24,542,982.
- Warrant exercise price corrected from $0.6135 to $0.5812, matching the Series A Preferred conversion price.
- No other changes; financing includes 11,411.5 Series A Preferred shares and warrants with a 5-year (est) term.
- Correction increases potential dilution by ~1.3M shares and lowers the warrant strike by ~5.3%.

## SEC filing metadata
- accession: 0001104659-26-046807
- form_type: 8-K/A
- ticker: SMTK
- cik: 0001817760
- company_name: SmartKem, Inc.
- filed_at: 2026-04-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817760/000110465926046807/0001104659-26-046807-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817760/000110465926046807/tm2612408d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-046807
- JSON: https://secwatch.observer/filing/0001104659-26-046807.json
- Plain text: https://secwatch.observer/filing/0001104659-26-046807.txt

## Source-grounded claims
- claim_id: 713b37feb5ed2ab910908b319b9886ce0a9dd46e
  claim: SmartKem, Inc. entered into Securities Purchase Agreement with certain institutional investors (collectively, the "Buyers") (effective 2026-03-30).
  evidence_excerpt: On March 30, 2026, SmartKem, Inc. (the "Company") entered into a Securities Purchase Agreement (the "Preferred Stock Purchase Agreement") with certain institutional investors (collectively, the "Buyers")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817760/000110465926046807/0001104659-26-046807-index.htm

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