SmartKem, Inc. — Director's Dealing 2021

Feb 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SmartKem, Inc. (NONE)
CIK: 0001817760
Period of Report: 2021-02-23

Reporting Person: King Simon P. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-23	Common Stock	J	6429932	—	Acquired	6429932	Indirect
2021-02-23	Common Stock	J	46096	—	Acquired	46096	Indirect

Footnotes

F1: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, Octopus Titan VCT Plc and Octopus Investments Nominees Limited exchanged all of their SmartKem Limited shares for 6,429,932 and 46,096 shares of common stock, respectively, of Parasol Investments Corporation, now known as SmartKem, Inc.

F2: Reporting person is a partner of Octopus Investments Limited, which is the manager of Octopus Titan VCT Plc. Through his position with Octopus Investments Limited, the reporting person is deemed to control the voting and disposition of the shares of the common stock held by the Octopus Titan VCT Plc. The reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person, Octopus Titan VCT Plc or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

F3: Reporting person is a partner of Octopus Investments Limited, which is the manager of Octopus Investments Nominees Limited. Through his position with Octopus Investments Limited, the reporting person is deemed to control the voting and disposition of the shares of the common stock held by the Octopus Investments Nominees Limited. The reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person, Octopus Investments Nominees Limited or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.