Item 8.01 Other Events.

On January 6, 2026, SmartKem, Inc. (the "Company") announced that it has entered into a 12-month paid proof-of-concept agreement with a global consumer electronics leader to develop next-generation smart wearables that incorporate a conformable MicroLED display utilizing the Company's proprietary organic thin-film transistor ("OTFT") technology. The collaboration is expected to develop curved surface wearable devices built around OTFT-based MicroLED display technology that addresses some of the most difficult challenges in wearables: extreme miniaturization, low power consumption, outdoor visibility and high impact resistance. The program will integrate the Copmany's proprietary OTFT technology with MicroLEDs using its "chip-first" architecture to address one of the smallest and most demanding form factors in consumer electronics. Under the agreement, the Company will work with its global consumer electronics partner to design and develop a MicroLED display architecture optimized for smart wearables that interface with smart phones, leveraging the Company's OTFT technology to enable thin, flexible and power-efficient backplanes compatible with scalable manufacturing processes. The project is expected to run over a 12-month period, culminating in a proof-of-concept demonstration.