[Form 3] SmartKem, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

SmartKem, Inc. (SMTK) director Joseph Christopher Lizzio filed an Initial Statement of Beneficial Ownership reporting direct ownership of 569,000 shares of common stock. The event requiring the statement is dated 09/08/2025, and the form is signed on 09/25/2025. The filing is a Form 3 (initial disclosure) indicating the reporting person is a director and the form was filed by one reporting person.

Positive

• Reporting person disclosed direct ownership of 569,000 common shares

Negative

• None.

Insights

Financial Analyst

TL;DR: Initial insider disclosure shows a director holds 569,000 common shares; filing is routine and non-transactional.

The Form 3 documents an initial beneficial ownership position by a company director. There are no derivative instruments, option grants, purchases or sales reported on this form. For investors, the filing provides transparency about insider holdings but does not present financial performance data or a corporate action that would alter valuation.

Corporate Governance Expert

TL;DR: Routine Section 16 filing confirming a director's equity stake; regulatory compliance appears met.

The Form 3 satisfies initial Section 16(a) disclosure requirements by reporting direct ownership and the reporting relationship (director). The absence of amendments or additional schedules suggests this is a straightforward initial report. No governance changes, transfers, or derivative positions are disclosed.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Lizzio Joseph Christopher

(Last) (First) (Middle)

24 CAMP AVENUE

PO BOX 4836

(Street)

STAMFORD CT 06907

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/08/2025

3. Issuer Name and Ticker or Trading Symbol
SmartKem, Inc. [ SMTK ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	569,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	Joseph Christopher Lizzio	09/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 3 for SmartKem (SMTK) report?

The Form 3 reported that director Joseph Christopher Lizzio directly owns 569,000 shares of SmartKem common stock.

When was the event requiring the Form 3 dated?

The event requiring the statement is dated 09/08/2025, and the form is signed on 09/25/2025.

Does the Form 3 disclose any derivative securities or options for SMTK?

No. The filing lists no derivative securities, options, warrants, or convertible instruments.

Is the filing an initial or amended disclosure?

This is an initial disclosure (Form 3) filed by one reporting person, not an amendment.

What is the reporting person’s relationship to SmartKem?

The filer is identified as a director of SmartKem, Inc., and not a 10% owner or officer on the form.