<SEC-DOCUMENT>0001493152-22-025316.txt : 20220908
<SEC-HEADER>0001493152-22-025316.hdr.sgml : 20220908
<ACCEPTANCE-DATETIME>20220908080011
ACCESSION NUMBER:		0001493152-22-025316
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220907
FILED AS OF DATE:		20220908
DATE AS OF CHANGE:		20220908

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Prue Nigel
		CENTRAL INDEX KEY:			0001940404

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-56181
		FILM NUMBER:		221232571

	MAIL ADDRESS:	
		STREET 1:		C/O SMARTKEM, INC.
		STREET 2:		HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY
		CITY:			MANCHESTER
		STATE:			X0
		ZIP:			M9 8GQ

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SmartKem, Inc.
		CENTRAL INDEX KEY:			0001817760
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				851083654
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		MANCHESTER TECHNOLOGY CENTER
		STREET 2:		HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY
		CITY:			MANCHESTER
		STATE:			X0
		ZIP:			M9 8GQ
		BUSINESS PHONE:		011-44-161-721-1514

	MAIL ADDRESS:	
		STREET 1:		MANCHESTER TECHNOLOGY CENTER
		STREET 2:		HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY
		CITY:			MANCHESTER
		STATE:			X0
		ZIP:			M9 8GQ

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Parasol Investments Corp
		DATE OF NAME CHANGE:	20200710
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2022-09-07</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001817760</issuerCik>
        <issuerName>SmartKem, Inc.</issuerName>
        <issuerTradingSymbol>SMTK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001940404</rptOwnerCik>
            <rptOwnerName>Prue Nigel</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>HEXAGON TOWER</rptOwnerStreet1>
            <rptOwnerStreet2>DELAUNAYS ROAD, BLACKLEY</rptOwnerStreet2>
            <rptOwnerCity>MANCHESTER</rptOwnerCity>
            <rptOwnerState>X0</rptOwnerState>
            <rptOwnerZipCode>M9 8GQ</rptOwnerZipCode>
            <rptOwnerStateDescription>UNITED KINGDOM</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Accounting Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.00</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2031-04-28</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>50000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (right to buy</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.00</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2031-08-02</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>25000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.00</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2032-07-08</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>30000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive Plan. The option vests as to 25% of the shares on April 28, 2022 with the remaining shares to vest in equal monthly installments over a period of 36 months commencing on May 1, 2022.</footnote>
        <footnote id="F2">The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive Plan. The option vests as to 25% of the shares on August 2, 2022 with the remaining shares to vest in equal monthly installments over a period of 36 months commencing on September 1, 2022.</footnote>
        <footnote id="F3">The option award was made in accordance with the terms of the Issuer's 2021 Equity Incentive Plan. The option vests as to 25% of the shares on July 8, 2023 with the remaining shares to vest in equal monthly installments over a period of 36 months commencing on July 8, 2023.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Nigel Prue</signatureName>
        <signatureDate>2022-09-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
