Source-grounded facts extracted from SmartKem, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
SmartKem, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2), 5815(d)(4)(A)).
“April 21, 2026, SmartKem Inc. (the “Company”) was formally notified that the Nasdaq Hearings Panel (the “Panel”) determined that the Company has regained compliance with the stockholders’ equity requirement set forth in”
SmartKem, Inc. received a nasdaq compliance regained notice regarding stockholders equity (rules 5550(b)(2), 5550(a)(2), 5815(d)(4)(A)).
“April 21, 2026, SmartKem Inc. (the “Company”) was formally notified that the Nasdaq Hearings Panel (the “Panel”) determined that the Company has regained compliance with the stockholders’ equity requirement set forth in”
SmartKem, Inc. entered into Securities Purchase Agreement with certain institutional investors (collectively, the "Buyers") (effective 2026-03-30).
“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")”
SmartKem, Inc. issued up to 23,251,960 shares of Common Stock of warrant to certain institutional investors.
“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"), including certain March Noteholders (as defined below) pursuant to which the Company agreed to issue and sell to the Buyers in a private placement (the “Private Placement”), at an initial closing, (i) 11,411.5 shares of the Company's newly designated Series A Convertible Preferred Stock, par value $0.0001 per share (the "Series A Preferred Stock"), with a stated value of $1,000 per share, convertible into shares of the Company's common stock, par value $0.0001 per share (the "Common Stock"), at an initial conversion price of $0.5812 per share, subject to adjustment as set forth in the Certificate of Designations (as defined below), and (ii) warrants to purchase up to 23,251,960 shares of Common Stock (the "Warrants").”
SmartKem, Inc. issued 11,411.5 shares of preferred stock to certain institutional investors.
“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"), including certain March Noteholders (as defined below) pursuant to which the Company agreed to issue and sell to the Buyers in a private placement (the “Private Placement”), at an initial closing, (i) 11,411.5 shares of the Company's newly designated Series A Convertible Preferred Stock, par value $0.0001 per share (the "Series A Preferred Stock"), with a stated value of $1,000 per share, convertible into shares of the Company's common stock, par value $0.0001 per share (the "Common Stock"), at an initial conversion price of $0.5812 per share, subject to adjustment as set forth in the Certificate of Designations (as defined below), and (ii) warrants to purchase up to 23,251,960 shares of Common Stock (the "Warrants").”
SmartKem, Inc.: Filed Certificate of Designations establishing Series A Convertible Preferred Stock (effective 2026-03-30).
“On March 30, 2026, the Company filed the Certificate of Designations with the Secretary of State of the State of Delaware, establishing the terms of the Series A Preferred Stock.”
SmartKem, Inc. entered into Preferred Stock Purchase Agreement with certain institutional investors (effective 2026-03-30).
“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"),”
SmartKem, Inc. entered into Purchase Agreement with certain institutional investors valued at $2,617,440 (effective 2026-03-20).
“On March 20, 2026, SmartKem, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors”
SmartKem, Inc. incurred senior notes of $3,750,000 with certain accredited investors at 14% per annum maturing six month anniversary of the original issuance date.
“the Company agreed to issue and sell to the Buyers senior secured promissory notes (the "Notes") in the aggregate original principal amount of $3,750,000”
SmartKem, Inc. entered into Intellectual Property Assignment Agreement with Smartkem Ltd (Assignor) and Smartkem IP LLC (Assignee) (effective 2026-03-18).
“In furtherance thereof, the Company and its subsidiary, Smartkem Ltd, a corporation organized under English law (the "Assignor"), entered into an Intellectual Property Assignment Agreement (the "IP Assignment Agreement") with Smartkem IP LLC (the "Assignee"), pursuant to which the Assignor irrevocably conveyed, transferred, and assigned to the Assignee certain of the Assignor's right, title, and interest in and to certain patents, patent applications, and related intellectual property rights, together with all royalties, fees, income, and proceeds related thereto, and all claims and causes of action with respect thereto.”
SmartKem, Inc. entered into Waiver and Termination Agreements with the Holders (effective 2026-03-18).
“In connection with the Settlement Agreements, the Company and the Holders entered into Waiver and Termination Agreements (the "Waiver and Termination Agreements") with respect to the Prior Purchase Agreement.”
SmartKem, Inc. entered into Settlement Agreements with certain holders (collectively, the 'Holders') of those certain Senior Secured Notes valued at $300,000 (effective 2026-03-18).
“Pursuant to the Settlement Agreements, the Company agreed to (i) repay each Holder the outstanding principal amount of its respective Prior Note in full within two (2) business days following the effective date of the Settlement Agreements, and (ii) pay to the Holders an aggregate cash settlement payment of $300,000 by wire transfer of immediately available funds.”
SmartKem, Inc. entered into Securities Purchase Agreement with certain accredited investors valued at $3,750,000 (effective 2026-03-18).
“On March 18, 2026, SmartKem, Inc. (the “Company”) entered into a Securities Purchase Agreement (the "Purchase Agreement") with certain accredited investors (the "Buyers"), pursuant to which the Company agreed to issue and sell to the Buyers senior secured promissory notes (the "Notes") in the aggregate original principal amount of $3,750,000 for an aggregate purchase price of $2,625,000, reflecting an original issue discount of approximately 30%.”
SmartKem, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
“March 5, 2026, SmartKem, Inc. (the “Company”) received notice (the “Notification Letter”) from the staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency conti”
SmartKem, Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)).
“February 12, 2026, the Staff notified the Company that, based upon the Company’s continued non-compliance with the Equity Rule, the Staff had determined to delist the Company’s securities from Nasdaq unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”). The Company plans to timely request a hearing before the Panel, which request will stay any further suspension or delisting action by the Staff at least pending the hearing and the expiration of any extension the Panel may grant to the Company following the hearing. There can be no assurance that the Panel”
SmartKem, Inc. issued pre-funded warrants to purchase 348,260 shares of Common Stock of warrant to a creditor for in satisfaction of approximately $2,016,821 owed to the Creditor.
“pre-funded warrants (the “Pre-Funded Warrant”) to purchase 348,260 shares of Common Stock in satisfaction of approximately $2,016,821 owed to the Creditor by SmartKem Limited.”
SmartKem, Inc. issued 385,130 shares of the Company’s common stock of common stock to a creditor for at an ascribed price of $2.75 per share.
“The Company agreed to issue to the Creditor (i) 385,130 shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”), at an ascribed price of $2.75 per share”
SmartKem, Inc. entered into Debt Conversion Agreement with SmartKem Limited and a creditor valued at approximately $2,016,821 (effective 2026-02-05).
“On February 5, 2026, SmartKem, Inc. (the “Company”) entered into a debt conversion agreement (the “Debt Conversion Agreement”) with SmartKem Limited, a wholly owned subsidiary of the Company, and a creditor (the “Creditor”), pursuant to which the Company agreed to issue to the Creditor (i) 385,130 shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”), at an ascribed price of $2.75 per share and (ii) pre-funded warrants (the “Pre-Funded Warrant”) to purchase 348,260 shares of Common Stock in satisfaction of approximately $2,016,821 owed to the Creditor by SmartKem Limited.”
SmartKem, Inc. entered into "Purchase Agreement" with an institutional investor valued at $680,500 (effective 2026-01-30).
“On January 30, 2026, SmartKem, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an institutional investor”
SmartKem, Inc. issued 400,000 shares of the Company's common stock of common stock to certain purchasers for $1,000,000 aggregate purchase price.
“On October 31, 2025, SmartKem, Inc. (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with certain purchasers (the “Purchasers”), pursuant to which the Company issued and sold to the Purchasers in a private placement: (i) Senior Secured Notes (the “Notes”) in the aggregate principal amount of $1,100,000 and (ii) warrants (the “Warrants”) exercisable for up to an aggregate of 400,000 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), at an exercise price of $2.75 per share for an aggregate purchase price of $1,000,000.”
SmartKem, Inc. incurred senior notes of $1,100,000 with the Purchasers at do not bear interest prior to an event of default. If an event of default occurs maturing April 30, 2026.
“On October 31, 2025, SmartKem, Inc. (the “Company”), entered into a securities purchase agreement (the “Purchase Agreement”) with certain purchasers (the “Purchasers”), pursuant to which the Company issued and sold to the Purchasers in a private placement: (i) Senior Secured Notes (the “Notes”) in the aggregate principal amount of $1,100,000”
SmartKem, Inc. issued 10,000 shares of common stock to a vendor for as consideration for consulting services.
“On July 1, 2025, the Company issued 10,000 shares of Common Stock to a vendor as consideration for consulting services.”
SmartKem, Inc. issued up to 500,000 shares of common stock to two consulting firms for in consideration for such services.
“On October 7, 2025, SmartKem, Inc. (the “Company”) entered into agreements with two consulting firms to provide investor relations related services to the Company, and in consideration for such services, agreed to issue up 500,000 shares (the “Shares”) of common stock of the Company”
SmartKem, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
“August 15, 2025, SmartKem, Inc. (the “Company”) received a letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market, under Listing Rule 5550(b)(1), because the Company’s stockholders’ deficit of ($127,000) as reported in the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2025 was below the required minimum of $2.5 million, and because, as of August 15, 2025, the Company did”
SmartKem, Inc. engaged CBIZ CPAs P.C. as its auditor.
“On April 21, 2025, the Company, with the approval of the Audit Committee of the Company’s Board of Directors, engaged CBIZ CPAs as the Company’s independent registered public accounting firm.”
Marcum LLP resigned as auditor of SmartKem, Inc..
“On April 21, 2025, Marcum LLP (“Marcum”) informed SmartKem, Inc. (the “Company”) that Marcum resigned as the Company’s independent registered public accounting firm.”
Jonathan Watkins was appointed as Chief Operating Officer at SmartKem, Inc..
“Effective March 10, 2025, SmartKem, Inc. (the “Company”) appointed Jonathan Watkins as its Chief Operating Officer.”
SmartKem, Inc.: Second Amended and Restated Certificate of Designations for Series A-1 Preferred Stock filed with Delaware on 2024-12-20, modifying dividend obligations, consent rights, liquidation preference, conversion price, conversion restrictions, and automatic conversion terms (effective 2024-12-20).
“The Second Amended and Restated CoD was filed with the Secretary of State of Delaware on December 20, 2024.”
SmartKem, Inc.: 推迟Series A-1优先股股息开始日期至2025年1月31日 (effective 2024-12-11).
“On December 11, 2024, the Company filed a Certificate of Amendment to the Certificate of Designation with the Secretary of State of the State of Delaware (the “Certificate of Amendment”) to effect the Amendment.”
SmartKem, Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue $27.0 thousand.
“to $4.2 million as of December 31, 2022. · Operating expenses as of December 31, 2023, were $10.8 million compared to $10.9 million as of December 31, 2022. · Revenues were $27.0 thousand for the year ended December 31, 2023, compared to $40.0 thousand for the same period of 2022. · In June 2023, Smartkem completed a private placement of its preferred stock and”
SmartKem, Inc.: Filed Amended and Restated Series A-1 Certificate of Designation designating 11,100 shares of Series A-1 Preferred Stock (effective 2024-01-29).
“On January 29, 2024, the Company filed the Amended and Restated Series A-1 Certificate of Designation with the Secretary of State of the State of Delaware designating 11,100 shares of Series A-1 Preferred Stock, stated value $10,000 per share.”
SmartKem, Inc. amended Consent, Conversion and Amendment Agreement with holders of Series A-1 Preferred Stock (effective 2023-01-26).
“On January 26, 2023, the Company entered into a Consent, Conversion and Amendment Agreement (the “Consent Agreement”) with each holder of the Series A-1 Preferred Stock (each a “Holder” and together, the “Holders”).”
Melisa A. Denis was appointed as Class III director at SmartKem, Inc..
“Effective November 21, 2023, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board appointed Melisa A. Denis, age 60, to serve as a Class III director of the Company to fill the vacancy created by Ms. Keck’s resignation.”
Barbra C. Keck resigned as member of the Board of Directors at SmartKem, Inc..
“Effective November 21, 2023, Barbra C. Keck resigned as a member of the Board of Directors (the “Board”) of SmartKem, Inc. (the “Company”).”
SmartKem, Inc.: Filed amendment to effect 1-for-35 reverse stock split (effective 2023-09-21).
“On September 19, 2023, the Board approved a reverse stock split of the Company’s issued and outstanding Common Stock at a ratio of 1-for-35 (the “Reverse Stock Split”). Following the Board approval, the Company filed the Reverse Stock Split Amendment with the Secretary of State of the State of Delaware to effect the Reverse Stock Split.”
SmartKem, Inc. shareholders rejected Amendment to Charter to declassify Board and provide for annual election of all directors at the 2023-08-25 meeting.
“The proposal to adopt and approve an amendment to the Charter to declassify the Board on the date on which shares of Common Stock begin trading on the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market or the New York Stock Exchange and provide for the annual election of all directors was not approved by the holders of Common Stock based upon the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 19,493,715 338,200 20,000 1,946,509”
SmartKem, Inc. shareholders approved Amendment to 2021 Equity Incentive Plan to increase authorized shares from 4,376,571 to 26,008,708 at the 2023-08-25 meeting.
“The proposal to approve an amendment to the 2021 Equity Incentive Plan to increase the number of shares of Common Stock authorized for issuance thereunder from 4,376,571 to 26,008,708 was approved by the holders of Common Stock based upon the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 18,540,751 1,279,100 32,064 1,946,509”
SmartKem, Inc. shareholders approved Amendment to Charter to effect reverse stock split of Common Stock at ratio ranging from 1:30 to 1:60 at the 2023-08-25 meeting.
“The proposal to adopt and approve an amendment to the Charter to effect a reverse stock split of the Common Stock, at a specific ratio, ranging from one-for-thirty (1:30) to one-for-sixty (1:60), at any time prior to the one-year anniversary date of the Annual Meeting, with the exact ratio to be determined by the Board without further approval or authorization of the stockholders was approved by the holders of Common Stock and the holders of the Company’s Series A-1 Convertible Preferred Stock based upon the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 60,446,102 718,100 497,000 N/A”
SmartKem, Inc. shareholders approved Ratification of appointment of Marcum LLP as independent registered public accounting firm at the 2023-08-25 meeting.
“The proposal to ratify the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023 was approved by the holders of Common Stock based upon the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTES 21,438,324 359,900 200 N/A”
SmartKem, Inc. shareholders approved Election of Class II Directors at the 2023-08-25 meeting.
“The holders of the Common Stock elected each of Klaas de Boer and Sri Peruvemba as Class II directors of the Company to serve three-year terms expiring at the 2026 annual meeting and until their respective successors have been duly elected and qualified, or, if sooner, until their death, resignation or removal.”
Sriram Peruvemba was appointed as Class II Director at SmartKem, Inc..
“the Board approved, effective immediately, an increase in the size of the Board from four directors to five directors and appointed Sriram Peruvemba, age 58, to serve as a Class II director to fill the newly-created vacancy.”
SmartKem, Inc. entered into Securities Purchase Agreement with the purchasers valued at aggregate gross proceeds of approximately $1.97 million (effective 2023-06-22).
“On June 22, 2023, the Company sold, pursuant to the Purchase Agreement, an additional (i) 1,870.36596 shares (the “Series A-1 Preferred Shares”) of the Company’s Series A-1 Convertible Preferred Stock, stated value $1,000 per share (the “Series A-1 Preferred Stock”), initially convertible into an aggregate of 7,481,464 shares of the Company’s common stock, par value $0.0001 (the “Common Stock”) at a conversion price of $0.25 (subject to adjustment in certain circumstances), (ii) 100 shares (the “Series A-2 Preferred Shares” and together with the Series A-1 Preferred Shares, the “Preferred Shares”) of the Company’s Series A-2 Convertible Preferred Stock, stated value $1,000 per share (“Series A-2 Preferred Stock” and together with the Series A-1 Preferred Stock, the “Preferred Stock”), initially convertible into an aggregate of 400,000 shares of Common Stock at a conversion price of $0.25 (subject to adjustment in certain circumstances) (the shares of Common Stock issuable upon conversi”
SmartKem, Inc. engaged Marcum LLP as its auditor.
“ommittee approved the engagement of Marcum LLP (“Marcum”) as its new independent registered public accounting firm as of”
BDO LLP resigned as auditor of SmartKem, Inc..
“equested and the Audit Committee (the “Audit Committee”) of the Board of Directors of the Company accepted the resignation of BDO LLP (“BDO”), the Company’s independent registered public accounting firm, effective June 20, 2023.”
SmartKem, Inc.: Filed Certificate of Designation for Series A-1 Preferred Stock, designating 18,000 shares and setting terms (effective 2023-06-14).
“On June 14, 2023, the Company filed a Certificate of Designation of Preferences, Rights and Limitations with the Secretary of State of the State of Delaware designating 18,000 shares out of the authorized but unissued shares of its preferred stock as Series A-1 Preferred Stock with a stated value of $1,000 per share”
SmartKem, Inc. entered into Securities Purchase Agreement with investors named therein valued at aggregate gross proceeds of $12,179,000 (effective 2023-06-14).
“On June 14, 2023, SmartKem, Inc., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with the i nvestors named therein (the “Purchasers”), pursuant to which the Company sold, in a private placement, an aggregate of (i) 9,229 shares (the “Series A-1 Preferred Shares”) of the Company’s Series A-1 Convertible Preferred Stock, stated value $1,000 per share (the “Series A-1 Preferred Stock”), initially convertible into an aggregate of 36,916,000 shares of the Company’s common stock, par value $0.0001 (the “Common Stock”) at a conversion price of $0.25 (subject to adjustment in certain circumstances), (ii) 2,950 shares (the “Series A-2 Preferred Shares” and together with the Series A-1 Preferred Shares, the “Preferred Shares”) of the Company’s Series A-2 Convertible Preferred Stock, stated value $1,000 per share (“Series A-2 Preferred Stock” and together with the Series A-1 Preferred Stock, the “Preferred Stock”), initially convert”
Nigel Prue was terminated as Chief Accounting Officer at SmartKem, Inc..
“Effective February 9, 2023, SmartKem, Inc. (the “Company”) terminated the employment of Nigel Prue, the Company’s Chief Accounting Officer.”
Barbra C. Keck was appointed as Chief Financial Officer at SmartKem, Inc..
“Effective December 14, 2022, SmartKem, Inc. (the “Company”) appointed Barbra C. Keck as the Company’s Chief Financial Officer.”
Robert Bahns resigned as Chief Financial Officer at SmartKem, Inc..
“On September 19, 2022, Robert Bahns resigned as Chief Financial Officer and as a member of the board of directors (the “Board”) of SmartKem, Inc. (the “Company”).”
Nigel Prue was appointed as Chief Accounting Officer at SmartKem, Inc..
“appointed Nigel Prue, the Company’s Finance Director, as the Company’s Chief Accounting Officer, effective immediately”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.