SmartKem, Inc. (SMTK) Form 424B3 — Jul 10, 2026
SmartKem, Inc. filed a prospectus to register 160,260,999 shares of common stock for resale by selling stockholders, including shares issuable upon conversion of Series A Preferred Stock and exercise of warrants. The company will not receive any proceeds from the resale of these shares, which stem from a private placement and an Equity Line of Credit (ELOC) established earlier in 2026. The filing includes shares issued in an additional closing on June 22, 2026, shortly after the company's UK subsidiary entered creditors voluntary liquidation.
Key figures
- Debt Amount
- 3750000
- Shares Offered
- 160260999
- Eloc Capacity Usd
- 500000000
- Stock Price July1
- 0.2364
- Uk Liquidation Date
- 2026-06-12
- Additional RRAShares
- 101910995
- Series AConversion Price
- 0.5812
- Additional Warrant Shares
- 10753615
- Additional Conversion Shares
- 47596389
AI analysis
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