Jericho Energy Ventures and Smartkem Announce Merger to Form Nasdaq-Listed AI Infrastructure Company

Reuters
2025.11.05 18:42
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Jericho Energy Ventures Inc. and Smartkem have proposed a merger to create a Nasdaq-listed AI infrastructure company. This merger aims to combine low-cost domestic energy resources with advanced semiconductor technologies to meet the growing demand for AI computing. The new entity will utilize Jericho's energy assets in Oklahoma and Smartkem's semiconductor expertise to develop infrastructure tailored for AI workloads.

Jericho Energy Ventures Inc. and Smartkem (NASDAQ: SMTK) have proposed a merger to form a Nasdaq-listed, U.S.-owned and controlled AI infrastructure company. The combined entity aims to integrate low-cost domestic energy resources with advanced semiconductor packaging and materials, supporting the increasing demand for AI computing capacity. The initiative will leverage Jericho’s energy assets in Oklahoma and Smartkem’s expertise in semiconductor technologies to build out infrastructure optimized for AI workloads. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jericho Energy Ventures Inc. published the original content used to generate this news brief on November 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here