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: de Boer Klaas (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-23	Common Stock	P	200000	$2.00	Acquired	200000	Indirect
2021-02-23	Common Stock	J	3585252	—	Acquired	3585252	Indirect

Footnotes

F1: In connection with a share exchange transaction with SmartKem Limited that occurred on February 23, 2021, Entrepreneurs Fund LP exchanged all of their SmartKem Limited shares for 3,585,252 shares of common stock of Parasol Investments Corporation, now known as SmartKem, Inc.

F2: Reporting person is the managing partner of Entrepreneurs Fund Management LLP, which may be deemed to have voting and investment power with respect to the securities held by the Entrepreneurs Fund LP, as Entrepreneurs Fund Management LLP is an advisor to Entrepreneurs Fund General Partner Limited which is the general partner of Entrepreneurs Fund LP. Reporting Person is involved with approving investment and voting recommendations to the general partner. 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, Entrepreneurs Fund LP 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.