# Smartkem and Jericho Energy Ventures extend LOI for proposed merger

Smartkem and Jericho Energy Ventures extended their non-binding Letter of Intent for a proposed all-stock business combination to form a U.S.-owned AI infrastructure company integrating energy and semiconductor technologies.

- Type: Acquisition
- Announced: 2025-11-20
- Status: announced
- Products: organic semiconductor technology, energy platform
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Smartkem](https://endata.com/companies/88597.md)
- [Jericho Energy Ventures](https://endata.com/companies/53989.md) (partner)

## Sources

- [ir.smartkem.com](https://ir.smartkem.com/news-events/press-releases/detail/97/smartkem-and-jericho-energy-ventures-extend-letter-of-intent-for-proposed-all-stock-merger-to-form-u-s--owned-ai-focused-infrastructure-company), 2025-11-20: "Smartkem today announced that it has agreed to a 60-day extension of its non-binding Letter of Intent for a proposed all-stock business combination with Jericho Energy Ventures Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.