SmartKem, Inc. shareholder Joseph Christopher Lizzio filed an amended Schedule 13G/A reporting his beneficial ownership of Common Stock. As of August 4, 2026, he beneficially owned 419,000 shares of Common Stock, including 180,000 shares held jointly with his spouse.
This position represents approximately 1.62% of SmartKem’s outstanding Common Stock, based on 25,862,643 shares outstanding as of July 27, 2026. Lizzio has sole voting and dispositive power over 239,000 shares and shared voting and dispositive power over 180,000 shares. He states that he owns 5% or less of the class and excludes shares held by his adult children, over which he has no voting or dispositive power.
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Key Figures
Beneficially owned shares:419,000 sharesOwnership percentage:1.62%Shares outstanding:25,862,643 shares+3 more
6 metrics
Beneficially owned shares419,000 sharesCommon Stock beneficially owned by Joseph Christopher Lizzio as of August 4, 2026
Ownership percentage1.62%Approximate percentage of SmartKem outstanding Common Stock beneficially owned as of August 4, 2026
Shares outstanding25,862,643 sharesSmartKem Common Stock outstanding as of July 27, 2026
Sole voting/dispositive power239,000 sharesShares over which Lizzio has sole voting and dispositive power
Shared voting/dispositive power180,000 sharesShares beneficially owned jointly by Lizzio and his spouse
Ownership threshold status5% or lessReported ownership of 5 percent or less of SmartKem Common Stock
Key Terms
Schedule 13G/A, beneficially owned, voting power, dispositive power
4 terms
Schedule 13G/Aregulatory
"form_type: "SCHEDULE 13G/A""
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially ownedfinancial
"the Reporting Person beneficially owned 419,000 shares of Common Stock"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
voting powerfinancial
"Sole Voting Power 239,000.00 6 | Shared Voting Power 180,000.00"
Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.
dispositive powerfinancial
"Sole Dispositive Power 239,000.00 8 | Shared Dispositive Power 180,000.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of SmartKem, Inc. (SMTK) does Joseph Christopher Lizzio report owning?
As of August 4, 2026, Joseph Christopher Lizzio reports beneficial ownership of approximately 1.62% of SmartKem’s outstanding Common Stock, based on 25,862,643 shares outstanding as of July 27, 2026.
How many SmartKem (SMTK) shares does Joseph Christopher Lizzio beneficially own?
Joseph Christopher Lizzio beneficially owns 419,000 shares of SmartKem Common Stock as of August 4, 2026, including 180,000 shares held jointly with his spouse and excluding shares held by his adult children.
What voting and dispositive powers does Joseph Christopher Lizzio have over SMTK shares?
Lizzio has sole voting and dispositive power over 239,000 shares and shared voting and dispositive power over 180,000 shares of SmartKem Common Stock, reflecting jointly held shares with his spouse.
Does Joseph Christopher Lizzio report owning more than 5% of SmartKem (SMTK)?
No. As of August 4, 2026, Lizzio explicitly reports ownership of 5% or less of SmartKem’s outstanding Common Stock, with a disclosed beneficial ownership of about 1.62% of the class.
How many SmartKem (SMTK) shares were outstanding for this Schedule 13G/A calculation?
The ownership percentage is based on 25,862,643 shares of SmartKem Common Stock outstanding as of July 27, 2026, as referenced in the issuer’s Form 8-K used for the Schedule 13G/A calculation.
Are shares held by Joseph Christopher Lizzio’s adult children included in his SMTK ownership?
No. The filing states the 419,000 shares do not include Common Stock beneficially owned by his adult children, and he has no voting or dispositive power over those shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
SmartKem, Inc.
(Name of Issuer)
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
83193D203
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
83193D203
1
Names of Reporting Persons
Lizzio Joseph Christopher
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
239,000.00
6
Shared Voting Power
180,000.00
7
Sole Dispositive Power
239,000.00
8
Shared Dispositive Power
180,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
419,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.62 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
SmartKem, Inc.
(b)
Address of issuer's principal executive offices:
3 GERMAY DRIVE, UNIT 4 #1029, DELAWARE, DE 19804
Item 2.
(a)
Name of person filing:
Joseph Christopher Lizzio
The foregoing is referred to as a "Reporting Person".
(b)
Address or principal business office or, if none, residence:
Joseph Christopher Lizzio
24 Camp Avenue
P.O. Box 4836
Stamford, CT 06907
(c)
Citizenship:
Joseph Christopher Lizzio
USA
(d)
Title of class of securities:
Common Stock, par value $0.0001 per share
(e)
CUSIP No.:
83193D203
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of August 4, 2026, the Reporting Person beneficially owned 419,000 shares of Common Stock. This amount includes 180,000 shares of Common Stock beneficially owned by the Reporting Person and his spouse jointly.
The 419,000 shares of Common Stock beneficially owned by the Reporting Person does not include shares of Common Stock beneficially owned by the adult children of the Reporting Person. The Reporting Person does not exercise any voting power or dispositive power over the shares beneficially owned by his adult children.
(b)
Percent of class:
The following percentages are based on 25,862,643 shares of Common Stock outstanding as of July 27, 2026 based upon the Issuer's Form 8-K filed with the Securities and Exchange Commission on July 27, 2026.
As of August 4, 2026, the Reporting Person may be deemed to beneficially own approximately 1.62% of the outstanding Common Stock, which includes 180,000 shares of Common Stock beneficially owned by the Reporting Person and his spouse jointly.
Regarding Item 5 below, as of August 4, 2026, the Reporting Person does not own greater than 5.00% of the outstanding Common Stock.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-9.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
