{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-087085","form_type":"8-K","ticker":"SMTK","cik":"0001817760","company_name":"SmartKem, Inc.","filed_at":"2026-07-27T20:05:33+00:00","discovered_at":"2026-07-27T20:07:00.436690+00:00","generated_at":"2026-07-27T20:07:55.437171+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"SmartKem provides $4.5M bridge loan to Ferrox Critical Minerals; raises $2M in preferred stock sale","bullets":["Funded $4.5M convertible promissory note to Ferrox Critical Minerals, due Jan 31, 2027, at 5% interest, convertible at lower of fair market value or $80M equity value.","Received $400,000 origination fee; default interest rate 15% and $4,500/day management fee.","Closed $2.0M additional sale of 2,500 Series A Preferred shares and 5,377,025 warrants on July 24, 2026, under existing $17.1M facility.","As of July 27, 2026, common shares outstanding: 25,862,643."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-087085","json":"https://secwatch.observer/filing/0001104659-26-087085.json","markdown":"https://secwatch.observer/filing/0001104659-26-087085.md","text":"https://secwatch.observer/filing/0001104659-26-087085.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1817760/000110465926087085/0001104659-26-087085-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1817760/000110465926087085/tm2621383d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-27T20:07:55.437171+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"}