{"filing":{"accession_number":"0001104659-26-085121","cik":"0001817760","ticker":"SMTK","company_name":"SmartKem, Inc.","form":"8-K","filing_date":"2026-07-20","report_date":null,"primary_document":"tm2620878d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1817760/000110465926085121/tm2620878d1_8k.htm"},"events":[{"id":18891,"run_id":16990,"accession_number":"0001104659-26-085121","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.94,"summary":"SmartKem entered into a Securities Purchase Agreement on March 30, 2026, and amended it on July 16, 2026, to sell Series A convertible preferred stock and warrants to institutional investors. The offering raised approximately $17.1 million and includes warrants to purchase approximately 36.7 million shares of common stock, materially diluting existing shareholders upon conversion and exercise.","company_name":"SmartKem, Inc.","ticker":"SMTK","filing_date":"2026-07-20","form":"8-K","submitted_at":null,"items":[{"id":17839,"accession_number":"0001104659-26-085121","item_number":"1.01","item_title":"Entry into a Material Definitive","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"SmartKem entered into a Securities Purchase Agreement on March 30, 2026, allowing institutional investors to purchase up to 21,411.5 shares of Series A convertible preferred stock and accompanying warrants for an aggregate purchase price of $17,129,200. The July 16, 2026 amendment added a new buyer and reallocated share allocations among existing buyers. This is a classic dilutive issuance of convertible preferred stock with warrants—a private placement that will dilute existing shareholders upon conversion and warrant exercise, and the $17.1 million capital raise is material to a small-cap company like SmartKem.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T10:01:51.016937+00:00","company_name":"","ticker":null,"filing_date":""},{"id":17840,"accession_number":"0001104659-26-085121","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"SmartKem disclosed unregistered sales of equity securities in a private placement under Item 3.02, including Series A Preferred Stock (17,661.5 shares across three closings) and warrants to purchase approximately 36.7 million shares of Common Stock, raising approximately $5.0 million in aggregate proceeds. These are classic dilutive issuances relying on Section 4(a)(2) and Regulation D exemptions, materially affecting shareholder equity and voting power.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T10:01:51.016937+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":17839,"accession_number":"0001104659-26-085121","item_number":"1.01","item_title":"Entry into a Material Definitive","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"SmartKem entered into a Securities Purchase Agreement on March 30, 2026, allowing institutional investors to purchase up to 21,411.5 shares of Series A convertible preferred stock and accompanying warrants for an aggregate purchase price of $17,129,200. The July 16, 2026 amendment added a new buyer and reallocated share allocations among existing buyers. This is a classic dilutive issuance of convertible preferred stock with warrants—a private placement that will dilute existing shareholders upon conversion and warrant exercise, and the $17.1 million capital raise is material to a small-cap company like SmartKem.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T10:01:51.016937+00:00","company_name":"SmartKem, Inc.","ticker":"SMTK","filing_date":"2026-07-20"},{"id":17840,"accession_number":"0001104659-26-085121","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"SmartKem disclosed unregistered sales of equity securities in a private placement under Item 3.02, including Series A Preferred Stock (17,661.5 shares across three closings) and warrants to purchase approximately 36.7 million shares of Common Stock, raising approximately $5.0 million in aggregate proceeds. These are classic dilutive issuances relying on Section 4(a)(2) and Regulation D exemptions, materially affecting shareholder equity and voting power.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T10:01:51.016937+00:00","company_name":"SmartKem, Inc.","ticker":"SMTK","filing_date":"2026-07-20"}]}