Welcome to our dedicated page for SmartKem news (Ticker: SMTK), a resource for investors and traders seeking the latest updates and insights on SmartKem stock.
SmartKem, Inc. develops organic semiconductor technology for transistor backplanes used in display and sensor applications. Company news centers on its proprietary organic thin-film transistor technology, TRUFLEX inks, MicroLED and mini-LED display architectures, AMOLED-related backplane work, and flexible biometric sensing.
Recurring updates also cover proof-of-concept and collaboration agreements, technical publications and conference presentations, prototyping and technology-transfer work, and capital-structure actions such as private securities issuances, warrant transactions, debt conversions, shareholder matters, and governance developments.
Smartkem (NASDAQ: SMTK) will present its first MicroLED-in-Package MiP4 backlight at the 32nd International Display Workshops in Hiroshima on December 4, 2025 at 16:40 local time.
Steven Tsai, Head of Technology Transfer, will present "From Chip to Panel: High-Brightness, Low-Power Mini-LED Backlighting via MicroLED-in-Package (MiP4)" and be available for meetings Dec 3–5. The MiP4 integrates four sub-85µm MicroLEDs via a proprietary Redistribution Layer into a single 12V chip-first package, achieving 34,047 nits peak brightness and reducing GaN usage by 84% versus COB. Smartkem positions MiP4 as a lower-power, lower-cost backlight compatible with existing die-bonding equipment and aimed at the LCD market (~65% of global display industry).
Jericho Energy and Smartkem (Nasdaq:SMTK) agreed to a 60-day extension of their non-binding LOI for a proposed all-stock merger, moving Smartkem's investment deadline to December 31, 2025.
If completed, the transaction would create a U.S.-owned, Nasdaq-listed AI infrastructure company combining Jericho's energy platform and Smartkem's organic semiconductor technology. The LOI remains non-binding and the deal requires additional capital, definitive agreements, due diligence, board and stockholder approvals, and Nasdaq continued-listing consent.
Smartkem (Nasdaq: SMTK) and Jericho Energy Ventures extended a non-binding Letter of Intent for a proposed all-stock merger on Nov 20, 2025, adding a 60-day extension and setting Smartkem's investment deadline at Dec 31, 2025.
If completed, the transaction would create a Nasdaq-listed, U.S.-owned AI infrastructure company combining Smartkem's organic semiconductor materials with Jericho's energy platform to support AI data centers. The LOI remains non-binding and the deal requires additional capital, definitive agreement, due diligence, board and stockholder approvals, and Nasdaq continued-listing approval.
Smartkem (Nasdaq: SMTK) and Jericho Energy Ventures extended a non-binding Letter of Intent by 60 days on Nov 20, 2025 for a proposed all-stock merger to form a Nasdaq-listed, U.S.-owned AI infrastructure company.
The amendment also extends Smartkem's investment deadline to Dec 31, 2025. The transaction would combine Smartkem's organic semiconductor materials and packaging with Jericho's scalable energy platform to support AI data centers.
The LOI is non-binding, both parties say substantial additional capital is required, and closing remains subject to due diligence, board and stockholder approvals, and Nasdaq continued-listing approval.
Smartkem (Nasdaq: SMTK) reported third quarter 2025 results and a business update on Nov 13, 2025. Q3 revenue was $81,000 vs $40,000 in Q3 2024, driven by OTFT backplane and TRUFLEX materials sales. Operating expenses were $2.0M and loss from operations was $3.1M for Q3 2025. Cash and cash equivalents fell to $0.9M as of Sept 30, 2025 from $7.1M at Dec 31, 2024. On Oct 31, 2025 the company obtained $1.0M bridge financing via senior secured notes due Apr 30, 2026 plus warrants for 400,000 shares. The company announced several industry partnerships and conference presentations during Q3.
Smartkem (Nasdaq: SMTK) will exhibit at TechBlick Berlin: The Future of Electronics RESHAPED on 22–23 October 2025. The company will staff booth G02 and CTO Dr Simon Ogier will be available for 1-on-1 meetings.
Dr Ogier will present on Thursday, October 23, 2025 at 1:55 PM (Track 3, Estrel Congress Center) on "OTFT circuit developments enabling low-voltage flexible processors". The talk outlines Smartkem's CMOS platform that integrates p-type organic transistors with n-type oxide OTFTs, targeting low-voltage operation, IGZO-compatible manufacturing, digital-lithography OTFT prototyping, and scalable plastic-based electronic circuits for IoT applications.
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.