An announcement from SMX Public Limited Company ( (SMX) ) is now available.
On March 28, 2025, SMX Public Limited Company completed a Securities Purchase Agreement, issuing a promissory note to an institutional investor for $257,000, intended for working capital. The note, with a principal amount of $295,550, includes a 12% interest charge and matures on March 30, 2026. Additionally, the company settled disputes with Generating Alpha Ltd. by converting a $1.92 million debt into shares, resolving all outstanding loans. An Extraordinary General Meeting is scheduled for May 2, 2025, to discuss share restructuring and constitutional amendments, signaling strategic financial adjustments and stakeholder engagement.
More about SMX Public Limited Company
SMX (Security Matters) Public Limited Company operates in the security industry, focusing on providing advanced solutions for tracking and tracing materials across various sectors. The company is headquartered in Dublin, Ireland, and is known for its innovative approaches to ensuring the integrity and authenticity of products in the supply chain.
YTD Price Performance: -89.94%
Average Trading Volume: 336,357
Technical Sentiment Signal: Strong Buy
Current Market Cap: $4.85M
For detailed information about SMX stock, go to TipRanks’ Stock Analysis page.