Jericho Energy Ventures Inc. and SmartKem, Inc. have mutually agreed to terminate their previously announced non-binding letter of intent for a proposed all-stock business combination. There were no penalties or disputes resulting from the termination. Jericho is refocusing its strategy on delivering scalable and cost-effective energy solutions for data center customers, advancing infrastructure assets to strengthen its energy platform, and prioritizing the development of its AI data center campus in Noble County, Oklahoma.
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 via ACCESS Newswire (Ref. ID: 1132233) on February 02, 2026, and is solely responsible for the information contained therein.