SCHEDULE: MYDA Entities Disclose 4.9% Passive Stake in SmartKem, Inc.

MYDA Advisors LLC and its affiliated entities, including MYDA Capital GP, LLC, MYDA Advantage LP, and Jason Lieber, have reported a 4.9% passive beneficial ownership in SmartKem, Inc., consisting of common stock and warrants.

Summary

• MYDA Advisors LLC, MYDA Capital GP, LLC, MYDA Advantage LP, and Jason Lieber collectively beneficially own 217,127 shares of SmartKem, Inc. Common Stock.
• This ownership represents 4.9% of the class of securities outstanding.
• The reported shares consist of 180,000 shares of Common Stock and warrants to purchase 333,333 shares of Common Stock, subject to a 4.99% beneficial ownership limitation.
• The percentage of ownership is calculated based on 4,431,165 shares of Common Stock outstanding as of May 12, 2025, as reported in SmartKem, Inc.'s Form 10-Q filed on May 13, 2025.
• The reporting persons have shared voting and dispositive power over all 217,127 beneficially owned shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of SmartKem, Inc.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing disclosing passive ownership and contains no information that would inherently indicate a positive or negative sentiment regarding the company's performance or outlook.

Stakeholder Impact

• Shareholders are informed of a new significant passive investor group holding a 4.9% stake in the company.

Key Dates

Keywords

SmartKem Inc., MYDA Advisors LLC, MYDA Capital GP LLC, MYDA Advantage LP, Jason Lieber, Schedule 13G, beneficial ownership, passive investment, common stock, warrants, SEC filing