Smartkem and Jericho Energy Ventures Sign Letter Of Intent to Create U.S.-Owned, AI-Focused Infrastructure Company
SmartKem, Inc. (SMTK)
Company Research
Source: PR Newswire
Proposed all-stock transaction aims to align JEV's scalable energy platform with Smartkem's semiconductor innovations to power next generation AI data centersMANCHESTER, England, Oct. 7, 2025 /PRNewswire/ -- Smartkem, Inc. (Nasdaq: SMTK), ("Smartkem"), a company developing a new class of organic semiconductor technology, today announced that it has signed a non-binding Letter of Intent ("LOI") with Jericho Energy Ventures Inc. (TSX-V: JEV, OTC: JROOF) ("Jericho" or "JEV"), an energy innovation company, for a proposed all-stock business combination (the "Proposed Transaction"). If completed, the Proposed Transaction would establish a U.S.-owned and controlled AI infrastructure company, integrating low-cost domestic energy with advanced semiconductor packaging and materials to support the surging demand for AI compute capacity. AI Infrastructure at the CoreJEV is positioned at the intersection of energy and AI, leveraging its high-capacity energy framework, renewable innovation, and cl
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SMTK
News
- Smartkem to Present Disruptive MicroLED Technology at IDW Japan 2025 [Yahoo! Finance]Yahoo! Finance
- Smartkem to Present Disruptive MicroLED Technology at IDW Japan 2025PR Newswire
- Smartkem to Present Disruptive MicroLED Technology at IDW Japan 2025PR Newswire
- SmartKem (NASDAQ:SMTK) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=SMTK&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> fMarketBeat
- SmartKem (NASDAQ:SMTK) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=SMTK&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> fMarketBeat
SMTK
Sec Filings
- 11/20/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/12/25 - Form SCHEDULE
- SMTK's page on the SEC website