SmartKem, Inc. Amends IPO Registration Statement
Ticker: SMTK · Form: S-1/A · Filed: Apr 28, 2025 · CIK: 1817760
| Field | Detail |
|---|---|
| Company | Smartkem, Inc. (SMTK) |
| Form Type | S-1/A |
| Filed Date | Apr 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, registration-statement, amendment
TL;DR
SmartKem IPO filing updated. Looks like they're still moving forward.
AI Summary
SmartKem, Inc. filed an S-1/A amendment on April 28, 2025, for its initial public offering. The company, formerly known as Parasol Investments Corp, is incorporated in Delaware and headquartered in Manchester, UK. This filing is an amendment to a previous registration statement.
Why It Matters
This amendment to SmartKem's S-1 filing indicates progress in their journey towards becoming a publicly traded company, which could impact their funding and future operations.
Risk Assessment
Risk Level: medium — As an S-1/A filing, it represents a company seeking to go public, which inherently carries market and execution risks.
Key Numbers
- 333-286437 — SEC File Number (Identifies the specific SEC registration)
- 0001817760 — Central Index Key (Unique identifier for the filer)
Key Players & Entities
- SmartKem, Inc. (company) — Registrant
- April 28, 2025 (date) — Filing date
- Parasol Investments Corp (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- Manchester, UK (location) — Principal executive offices location
- Barbra C. Keck (person) — Chief Financial Officer
FAQ
What is the purpose of this S-1/A filing?
This is Amendment No. 1 to the Form S-1 Registration Statement, indicating an update or revision to the initial filing for SmartKem, Inc.'s initial public offering.
When was this amendment filed?
The amendment was filed with the Securities and Exchange Commission on April 28, 2025.
What was SmartKem, Inc. formerly known as?
SmartKem, Inc. was formerly known as Parasol Investments Corp, with a name change date of July 10, 2020.
Where is SmartKem, Inc. incorporated and headquartered?
The company is incorporated in Delaware and its principal executive offices are located at Manchester Technology Center, Hexagon Tower, Delaunays Road, Blackley, Manchester, M9 8GQ, U.K.
Who is the Chief Financial Officer of SmartKem, Inc. mentioned in the filing?
Barbra C. Keck is listed as the Chief Financial Officer.
Filing Details
This Form S-1/A (Form S-1/A) was filed with the SEC on April 28, 2025 by Barbra C. Keck regarding SmartKem, Inc. (SMTK).