SmartKem, Inc. (SMTK) Form S-3/A — Jul 7, 2026
SmartKem filed an amendment to its Form S-3 to register 160,260,999 shares of common stock for resale by selling stockholders. These shares include over 47.5 million shares issuable upon conversion of Series A Preferred Stock sold in a June 2026 private placement and approximately 101.9 million shares required to be registered under a registration rights agreement. The company will not receive any proceeds from the resale of these shares by selling stockholders, though it will use net proceeds from any cash warrant exercises for general working capital purposes.
Key figures
- Total Debt
- 0
- Debt Amount
- 3750000
- Cash Position
- 0
- Offering Price
- 0.2364
- Shares Offered
- 160,260,999
- Eloc Capacity
- 500000000
- Settlement Payment
- 300000
- Additional RRAShares
- 101910995
- Additional Warrant Shares
- 10753615
- Additional Conversion Shares
- 47596389
- Uk Subsidiary Liquidation Date
- 2026-06-12
Price after filing
Close on the filing date to close N calendar days later (from $0.22). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.