Smartkem Stock Price, News & Analysis

Jericho Energy Ventures (OTC:JROOF) and Smartkem (Nasdaq:SMTK) signed a non-binding Letter of Intent dated October 6, 2025 for a proposed all-stock business combination to create a U.S.-owned AI infrastructure company.

The LOI contemplates Smartkem surviving as the Nasdaq-listed Combined Company, with Jericho shareholders owning 65% and Smartkem shareholders 35% on a fully diluted basis, subject to adjustment. Key commercial items include vertical integration of energy and organic semiconductor tech, a 60-day exclusivity to negotiate, contingent capital milestones including a $5.0M fundraising trigger, and stock purchases of at least $500k.

Smartkem (Nasdaq: SMTK) signed a non-binding Letter of Intent on Oct 7, 2025 for a proposed all-stock business combination with Jericho Energy Ventures (JEV) to form a U.S.-owned AI infrastructure company. The LOI contemplates Smartkem as the surviving Nasdaq-listed entity, with Jericho stockholders owning 65% and Smartkem stockholders 35% of the combined company on a fully diluted basis. Brian Williamson would become CEO and the board would be reconstituted with a Jericho majority. The LOI is non-binding, subject to due diligence, capital raises, stockholder and Nasdaq approvals, and includes a 60-day exclusivity and conditional treasury purchases tied to fundraising thresholds ($500k–$1M cap and $5M aggregate proceeds trigger).

Smartkem (NASDAQ:SMTK), a company developing innovative transistor technology, announced that its CTO Dr. Simon Ogier will present at MicroLED Connect 2025 on September 24, 2025, in Eindhoven, Netherlands.

Dr. Ogier's presentation, scheduled for 12:15-12:35 local time, will focus on the company's chip-first active-matrix fabrication approach for connecting MicroLEDs to low-temperature OTFT backplanes. This technology is designed to enhance yield, simplify repair processes, and accelerate the commercialization of high-performance MicroLED displays.

The company will also showcase its technology at Booth No. 13 in the Exhibition Hall's ground floor.

Smartkem (NASDAQ: SMTK), a company developing innovative transistor technology, has announced its participation in two major industry events in Taiwan. Prof. Steven P. DenBaars, Smartkem Director, will present on display applications at the PlayNitride 2025 MicroLED Technology Forum on September 9th, 2025.

Additionally, the company will exhibit at SEMICON Taiwan 2025 from September 10-12, where Chairman & CEO Ian Jenks and Head of Business Development Michelle Ouyang will be present. Smartkem's exhibition is part of the UK Pavilion delegation, supported by a Taiwan-UK Research & Development Collaboration funded by Taiwan's Ministry of Economic Affairs and Innovate UK.

Smartkem (NASDAQ:SMTK), a company developing innovative transistor technology, has announced the engagement of Anthony Amato and his firm Bridge Associates International Pharmaceutical Consulting (BAIPC) to support strategic initiatives.

Mr. Amato, former CEO of BioSig Technologies and current board member, brings extensive experience in life sciences and technology sectors. Through BAIPC, he will advise Smartkem's leadership on evaluating strategic opportunities and industry partnerships to enhance the company's market position and shareholder value.

Smartkem (NASDAQ:SMTK), a company developing innovative transistor technology, has announced that its Board of Directors has authorized management to explore strategic alternatives to enhance stockholder value. The company will evaluate potential strategic transactions, though no specific timetable has been established.

While conducting this strategic review, Smartkem emphasizes that it will continue its normal business operations and remain focused on executing its operational plan to advance the commercialization of its patented technology. The company notes that there is no guarantee that this review will result in any transaction or increase in stockholder value.

Smartkem (NASDAQ: SMTK) will deliver key presentations at the 25th International Meeting on Information Display (IMID 2025) in Busan, Korea from August 19-22, 2025. The company's Head of Technology Transfer, Steven Tsai, will present at 9:00 AM on August 20th, discussing MicroLED display efficiency advancements and a collaboration with AUO for developing the world's first transparent, rollable display.

Following at 9:30 AM, CTO Dr. Simon Ogier will present on the company's patented chip-first MicroLED manufacturing approach using low-temperature organic transistor technology. This innovative method addresses key commercialization challenges by operating at temperatures below 150°C, eliminating eutectic bonding needs, and enabling high-yield electrical connections across various substrates.

Smartkem (NASDAQ:SMTK), a transistor technology company, reported its Q2 2025 financial results, marked by significant operational progress but challenging financial metrics. The company's cash position decreased to $1.2 million from $7.1 million at year-end 2024, with funding projected to last only through September 2025.

Q2 revenue was $32,000, down from $40,000 in Q2 2024, while operating expenses increased to $4.7 million from $3.0 million year-over-year. The quarter's operating loss widened to $4.4 million from $2.8 million in Q2 2024. Notable developments included introducing a 12.3-inch MicroLED Smart Backlight demo, partnering with Manz Asia, and securing a new UK patent for MicroLED manufacturing.

Smartkem (NASDAQ: SMTK) has entered into a preliminary Joint Development Agreement (JDA) with Manz Asia to co-develop next-generation dielectric ink solutions for advanced AI chip packaging applications. The non-binding agreement builds on their existing collaboration, which has already demonstrated an advanced inkjet metalization process for chip packaging at SEMICON® SEA 2025.

The partnership aims to combine Smartkem's semiconductor materials with Manz's precision inkjet technology to develop solutions for 12" wafer-level and large-area panel packaging. The collaboration focuses on improving yield and reducing cost per packaged chip, particularly for data centers deploying AI accelerators. The initiative targets enhanced chip density, faster interconnects, improved thermal management, and more sustainable manufacturing processes.