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SMX Announces Extraordinary General Meeting for Share Consolidation Proposal

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SMX Announces Extraordinary General Meeting for Share Consolidation Proposal

SMX Public Limited Company ( (SMX) ) just unveiled an announcement.

On March 20, 2025, SMX (Security Matters) Public Limited Company announced an Extraordinary General Meeting (EGM) scheduled for April 15, 2025, in Dublin, Ireland. The meeting will address a proposal for the consolidation of the company’s ordinary shares, with a split ratio to be determined by key company executives. This move is believed to be in the best interest of the company and its shareholders, as recommended by the Board of Directors. Shareholders of record as of March 18, 2025, are eligible to vote on the proposal, which aims to adjust the nominal value per share and potentially impact the company’s market positioning.

More about SMX Public Limited Company

SMX (Security Matters) Public Limited Company operates in the security and technology industry, focusing on providing solutions for authentication and tracking of products and materials. The company is headquartered in Dublin, Ireland.

YTD Price Performance: -85.83%

Average Trading Volume: 726,161

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.36M

Learn more about SMX stock on TipRanks’ Stock Analysis page.

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