{"url_path":"/sec/smtk/8-k/2026-06-26/item-5-07","section_key":"item-5-07","section_title":"Item 5.07 ****Submission of Matters to a Vote of Security Holders**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-26","source_url":"https://www.sec.gov/Archives/edgar/data/1817760/0001104659-26-077917-index.html","accession_number":"0001104659-26-077917","cik":"0001817760","ticker":"SMTK","issuer_name":"SmartKem, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1817760/0001104659-26-077917-index.html","primary_entity_key":"0001817760","primary_entity_name":"SmartKem, Inc."},"word_count":678,"has_tables":true,"body_markdown":"**Item 5.07****Submission of Matters to a Vote of Security Holders**\n\n \n\nOn June 23, 2026, SmartKem, Inc., Inc. (the “Company”)\nheld an Annual Meeting of Stockholders (the “Meeting”) to consider and vote on eleven proposals, each of which is described\nin greater detail in the Company’s definitive proxy statement dated May 18, 2026 and first mailed to stockholders of the Company\non or about May 18, 2026 (the “Proxy Statement”). At the close of business on May 11, 2026, the record date for the determination\nof stockholders entitled to vote at the Meeting, there were 21,446,213 shares of common stock, each share entitled to one vote, constituting\nall of the outstanding voting securities of the Company. At the Meeting, the holders of 14,391,656 shares of the Company’s common\nstock were represented in person or by proxy, constituting a quorum. The final voting results for each of the matters submitted to a Company\nstockholder vote at the Meeting are set forth below. Capitalized terms used and not otherwise defined herein have the meanings given in\nthe Proxy Statement.\n\n \n\nPROPOSAL ONE: Election of Director Nominees to serve as Class II Directors\nfor a three-year term expiring at the annual meeting of stockholders in 2029;\n\n \n\n1a. KLAAS DE BOER\n\n \n\nFOR:\n \nABSTAIN\n \nBROKER NON-VOTES:\n\n11,511,577\n \n41,600\n \n2,838,479\n\n \n\n1b. SRIRAM PERUVEMBA\n\n \n\nFOR:\n \nABSTAIN\n \nBROKER NON-VOTES:\n\n11,491,588\n \n61,589\n \n2,838,479\n\n \n\nPROPOSAL TWO: to approve, on an advisory basis, the executive compensation\nprogram for the Company’s named executive officers;\n\n \n\nFOR:\n \nAGAINST:\n \nABSTAIN:\n \nBROKER NON-VOTES:\n\n11,499,529\n \n49,241\n \n4,407\n \n2,838,479\n\n \n\n \n\n \n\n \n\nPROPOSAL THREE: to approve, on an advisory basis, the frequency at\nwhich future stockholders advisory votes on executive compensation should occur;\n\n \n\n1 YEAR:\n \n2 YEARS:\n \n3 YEARS\n \nABSTAIN:\n\n11,498,822\n \n22,095\n \n20,129\n \n12,131\n\n \n\n·       \nBroker Non-Votes: 2,838,479\n\n \n\nPROPOSAL FOUR: to ratify the appointment of CBIZ CPAS P.C. as our independent\nregistered public accounting firm for the year ending December 31, 2026;\n\n \n\nFOR:\n \nAGAINST:\n \nABSTAIN\n\n14,281,907\n \n109,055\n \n694\n\n \n\nPROPOSAL FIVE: to approve an amendment to our Amended and Restated\nCertificate of Incorporation, to increase the number of shares of Common Stock that the Company is authorized to issue from 300,000,000\nto 5,000,000,000 shares;\n\n \n\nFOR:\n \nAGAINST:\n \nABSTAIN\n\n13,328,336\n \n1,033,263\n \n30,057\n\n \n\nPROPOSAL SIX: to approve an amendment to our 2021 Equity Incentive\nPlan to increase the number of shares of Common Stock that the Company is authorized to issue pursuant to the Plan from 1,643,692 to 2,144,622\nshares (prior to giving effect to the Reverse Stock Splits);\n\n \n\nFOR:\n \nAGAINST:\n \nABSTAIN:\n \nBROKER NON-VOTES:\n\n11,493,630\n \n58,320\n \n1,227\n \n2,838,479\n\n \n\n \n\n \n\n \n\nPROPOSAL SEVEN: to approve up to two amendments to our Amended and\nRestated Certificate of Incorporation to grant discretionary authority to our Board of Directors to effect up to two reverse stock splits;\n\n \n\nFOR:\n \nAGAINST:\n \nABSTAIN\n\n14,104,710\n \n244,767\n \n42,179\n\n \n\nPROPOSAL EIGHT: to approve the issuance of shares of Common Stock below\nthe Nasdaq minimum price in excess of 19.99% of the Company’s issued and outstanding Common Stock in connection with the Company’s\nEquity Line of Credit;\n\n \n\nFOR:\n \nAGAINST:\n \nABSTAIN:\n \nBROKER NON-VOTES:\n\n11,496,232\n \n55,343\n \n1,602\n \n2,838,479\n\n \n\nPROPOSAL NINE: to approve the issuance of shares of Common Stock below\nthe Nasdaq minimum price in excess of 19.99% of the Company’s issued and outstanding Common Stock in connection with the conversion\nof the Company’s Series A convertible preferred stock or exercise of related warrants;\n\n \n\nFOR:\n \nAGAINST:\n \nABSTAIN:\n \nBROKER NON-VOTES:\n\n11,478,695\n \n72,638\n \n1,844\n \n2,838,479\n\n \n\nPROPOSAL TEN: to approve an amendment to our Amended and Restated Certificate\nof Incorporation to permit our stockholders to take action by written consent in lieu of a meeting;\n\n \n\nFOR:\n \nAGAINST:\n \nABSTAIN:\n \nBROKER NON-VOTES:\n\n11,494,602\n \n57,405\n \n1,170\n \n2,838,479\n\n \n\nPROPOSAL ELEVEN: to approve an amendment to our Amended and Restated\nCertificate of Incorporation to remove the two-thirds supermajority consent requirements for certain matters from our Amended and Restated\nCertificate of Incorporation;\n\n \n\nFOR:\n \nAGAINST:\n \nABSTAIN:\n \nBROKER NON-VOTES:\n\n11,458,369\n \n93,308\n \n1,500\n \n2,838,479\n\n \n\n \n\n \n\n** **\n\n**Signature**\n\n \n\nPursuant to the requirements of the Securities\nExchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.\n\n \n\n \n**SMARTKEM, INC.**\n\n \n \n \n\nDated: June 26, 2026\nBy:\n*/s/ Barbra C. Keck*\n\n \n \nBarbra C. Keck\n\n \n \nChief Financial Officer"}