Investor Joseph Lizzio Reports 419,000 SmartKem Shares, Files Schedule 13G

Rhea-AI Filing Summary

Joseph Christopher Lizzio reported beneficial ownership of 419,000 shares of SmartKem, Inc. common stock, representing 7.65% of the outstanding shares as of September 4, 2025. This total includes 180,000 shares held jointly with his spouse; the filing states he does not exercise voting or dispositive power over shares held by his adult children. The percentages are calculated using 5,479,787 shares outstanding based on the issuers SEC filing dated September 5, 2025. The Schedule 13G indicates the holdings were not acquired to influence control of the issuer, and the filing is signed and certified by Mr. Lizzio on September 24, 2025.

Positive

• Beneficial ownership disclosed: 419,000 shares reported with a clear breakdown of sole (239,000) and shared (180,000) holdings
• Material threshold disclosed: Stake equals 7.65% of outstanding shares, exceeding the 5% reporting threshold and providing transparency to the market
• Passive intent stated: Certification declares holdings were not acquired to change or influence control, consistent with Schedule 13G filing requirements

Negative

• None.

Insights

Securities Analyst

TL;DR: A non-control holder reports a meaningful 7.65% stake, disclosed as passive under Schedule 13G.

The filing shows Mr. Lizzio beneficially owns 419,000 shares, equal to 7.65% of SmartKems common stock, including 180,000 jointly held shares with his spouse. The certification states the holdings are not intended to change or influence control, consistent with a passive investor filing under Rule 13d-1(b)/(c). For investors, a >5% passive stake is material as it signals a sizeable shareholder position without an expressed activist intent. The filing lists sole and shared voting/dispositive power per the cover page: 239,000 sole and 180,000 shared.

Corporate Governance Expert

TL;DR: Disclosure is complete for ownership and voting breakdown; no indication of group or control activity.

The Schedule 13G identifies Mr. Lizzio as a U.S. citizen and provides residential and issuer addresses. It explicitly states no group affiliation and that the Reporting Person did not acquire shares to influence control, which is important for governance assessment. The joint ownership with a spouse of 180,000 shares is disclosed, and the filer disclaims control over shares held by adult children. Certification and signature are provided, meeting procedural requirements for this passive disclosure.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

SmartKem, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

83193D203

(CUSIP Number)

09/04/2025

(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

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)

7.65 %

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: MANCHESTER TECHNOLOGY CENTER, HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER, UNITED KINGDOM M9 8GQ
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 September 4, 2025, Mr. Lizzio beneficially owned 419,000 shares of Common Stock. This amount includes 180,000 shares of Common Stock beneficially owned by Mr. Lizzio and his spouse jointly. The 419,000 shares of Common Stock beneficially owned by Mr. Lizzio 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 5,479,787 shares of Common Stock outstanding as of September 5, 2025 based upon the Issuer's Form 8-K filed with the Securities and Exchange Commission on September 5, 2025. As of September 4, 2025, Mr. Lizzio may be deemed to beneficially own 7.65% of the outstanding shares of Common Stock, which includes 180,000 shares of Common Stock beneficially owned by Mr. Lizzio and his spouse jointly.
(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.
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.

Lizzio Joseph Christopher

Signature:	/s/ Joseph Christopher Lizzio
Name/Title:	Joseph Christopher Lizzio
Date:	09/24/2025

FAQ

How many SmartKem (SMTK) shares does Joseph Christopher Lizzio beneficially own?

He beneficially owns 419,000 shares of SmartKem common stock as reported in the Schedule 13G.

What percentage of SmartKem outstanding shares does Lizzios stake represent?

7.65% of SmartKems common stock, based on 5,479,787 shares outstanding referenced in the filing.

Does the filing indicate Lizzio is seeking to influence control of SmartKem?

No. The certification states the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

How many shares does Lizzio hold jointly with his spouse?

180,000 shares are beneficially owned jointly with his spouse, included in the 419,000 total.

What voting and dispositive powers are reported on the cover page?

Sole voting power: 239,000; Shared voting power: 180,000; Sole dispositive power: 239,000; Shared dispositive power: 180,000.