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
(Title of Class of Securities)
83193D203
(CUSIP Number)
06/30/2025
(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)
SCHEDULE 13G
CUSIP No.
83193D203
1
Names of Reporting Persons
MYDA Advisors LLC
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
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
217,127.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
217,127.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
217,127.00
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)
4.9 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: The shares of the Common Stock reported herein 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 percentages reported in this Schedule 13G are based on 4,431,165 shares of Common Stock outstanding as of May 12, 2025, as reported in the Form 10-Q filed by the Issuer on May 13, 2025.
SCHEDULE 13G
CUSIP No.
83193D203
1
Names of Reporting Persons
MYDA Capital GP, LLC
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
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
217,127.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
217,127.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
217,127.00
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)
4.9 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The shares of the Common Stock reported herein 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 percentages reported in this Schedule 13G are based on 4,431,165 shares of Common Stock outstanding as of May 12, 2025, as reported in the Form 10-Q filed by the Issuer on May 13, 2025.
SCHEDULE 13G
CUSIP No.
83193D203
1
Names of Reporting Persons
MYDA Advantage LP
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
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
217,127.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
217,127.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
217,127.00
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)
4.9 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: The shares of the Common Stock reported herein 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 percentages reported in this Schedule 13G are based on 4,431,165 shares of Common Stock outstanding as of May 12, 2025, as reported in the Form 10-Q filed by the Issuer on May 13, 2025.
SCHEDULE 13G
CUSIP No.
83193D203
1
Names of Reporting Persons
Jason Lieber
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
0.00
6
Shared Voting Power
217,127.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
217,127.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
217,127.00
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)
4.9 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: The shares of the Common Stock reported herein 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 percentages reported in this Schedule 13G are based on 4,431,165 shares of Common Stock outstanding as of May 12, 2025, as reported in the Form 10-Q filed by the Issuer on May 13, 2025.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
SmartKem, Inc.
(b)
Address of issuer's principal executive offices:
Manchester Technology Center, Hexagon Tower, Delaunays Road, Blackey, Manchester, U.K. M9 8GQ
Item 2.
(a)
Name of person filing:
MYDA Advisors LLC
MYDA Capital GP, LLC
MYDA Advantage LP, (The Fund)
Mr. Jason Lieber
(b)
Address or principal business office or, if none, residence:
1067 Broadway, Suite A, Woodmere, NY 11598
(c)
Citizenship:
MYDA Advisors, LLC, a New York limited liability company formed under the laws of the State of New York. MYDA Advantage LP is a limited partnership formed under the laws of the State of New York. MYDA Capital GP, LLC a New York limited liability company formed under the laws of the State of New York. Mr. Jason Lieber is a United States citizen.
(d)
Title of class of securities:
Common Stock
(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:
217,127
(b)
Percent of class:
4.9%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0.0
(ii) Shared power to vote or to direct the vote:
217,127
(iii) Sole power to dispose or to direct the disposition of:
0.0
(iv) Shared power to dispose or to direct the disposition of:
217,127
The shares of the Common Stock reported herein 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 percentages reported in this Schedule 13G are based on 4,431,165 shares of Common Stock outstanding as of May 12, 2025, as reported in the Form 10-Q filed by the Issuer on May 13, 2025.
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 acquired and are held in the ordinary course of business and 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.See Instructions for which Certification text is required and copy and replace the text here.
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.
An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, to receive support.
