Jericho Energy Ventures Strategically Terminates SmartKem LOI to Advance Independent Data Center Energy Infrastructure Platform [Yahoo! Finance]
SmartKem, Inc. (SMTK)
Company Research
Source: Yahoo! Finance
energy innovation company positioned at the nexus of energy and AI infrastructure, today announced that it has mutually agreed with SmartKem, Inc. to terminate the previously announced non-binding letter of intent ("LOI") for a proposed all-stock business combination. There were no penalties or disputes arising from the termination. The decision reflects Jericho's continued focus on developing a resilient and scalable energy foundation purpose-built to support its planned AI data center campus in Noble County, Oklahoma , and its commitment to prioritizing capital allocation and management resources toward infrastructure solutions that directly address long-term customer requirements. Jericho's data center campus has been assembled to meet what the Company believes are the core gating requirements for next-generation data center development , including access to two independent 345 kV transmission lines, multiple natural gas supply sources -both internal and external-and on-site en
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News
- Smartkem Welcomes State-Level Support for Carbonium Core's Proposed Nuclear Graphite Manufacturing Unit [Yahoo! Finance]Yahoo! Finance
- Smartkem Welcomes State-Level Support for Carbonium Core’s Proposed Nuclear Graphite Manufacturing UnitGlobeNewswire
- Smartkem Signs Letter of Intent with Carbonium Core, Inc. to Expand Advanced Materials Portfolio into Nuclear-Grade GraphiteGlobeNewswire
- Smartkem Signs Proof of Concept Agreement with Global Consumer Electronics Giant for MicroLED WearablesGlobeNewswire
- SmartKem (NASDAQ:SMTK) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
SMTK
Sec Filings
- 1/30/26 - Form 8-K
- 1/30/26 - Form SCHEDULE
- 1/30/26 - Form 424B5
- SMTK's page on the SEC website