secwatch.observer — SEC 8-K summary
======================================

Issuer:     SmartKem, Inc. (SMTK)
CIK:        0001817760
Form:       8-K
Filed at:   2026-07-20T21:51:59+00:00
Accession:  0001104659-26-085121
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartKem raises $1.0M in additional closing of Series A Preferred and Warrants; amends agreement to add buyer
--------------------------------------------------------------------------------

- On July 16, 2026, SmartKem issued 1,250 Series A Preferred shares and 2,688,404 Warrants for $1.0M in cash.
- Amendment No. 1 to the Securities Purchase Agreement allows a new buyer to join and reallocates shares among existing buyers.
- The aggregate number of additional shares available for purchase remains unchanged at 10,000 Series A Preferred shares.
- Securities issued in a private placement exempt from registration under Section 4(a)(2) and Rule 506 of Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1817760/000110465926085121/0001104659-26-085121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1817760/000110465926085121/tm2620878d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-085121

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer