---
title: "SmartKem Amends Preferred Stock Purchase Agreement to Add Investor, Keep $17.1 Million Capacity"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293322987.md"
description: "SmartKem amended its Securities Purchase Agreement to admit a new investor and reallocate remaining purchase capacity among existing buyers. The amendment maintains the total offering capacity of approximately $17.1 million in Series A preferred stock and warrants. This change aims to broaden investor participation and facilitate future capital raises under the existing framework."
datetime: "2026-07-21T10:03:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293322987.md)
  - [en](https://longbridge.com/en/news/293322987.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293322987.md)
generator: "portal-rs"
---

# SmartKem Amends Preferred Stock Purchase Agreement to Add Investor, Keep $17.1 Million Capacity

SmartKem entered into Amendment No. 1 to its Securities Purchase Agreement to admit a new investor and reallocate remaining purchase capacity among existing buyers. The change does not alter the overall availability of up to approximately $17.1 million in Series A preferred stock and accompanying warrants that may be sold in additional closings. The amendment is intended to broaden investor participation and facilitate future capital raises under the existing framework.

**Agreement details:**

-   **Agreement type**: Amendment to Securities Purchase Agreement for Series A Preferred Stock and Warrants
-   **Counterparty**: Institutional investors (the Buyers)
-   **Signed / Effective**: Jul 16 2026 / same
-   **Duration / Termination**: At will
-   **Reason**: Add a new investor and reallocate purchase capacity

Original SEC Filing: SmartKem, Inc. \[ SMTK \] - 8-K - Jul. 20, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**