SMX Public Limited Company ( (SMX) ) has provided an update.
On March 5, 2025, SMX Public Limited Company announced an amendment to its 2022 Incentive Equity Plan, increasing the number of authorized Ordinary Shares to 2,396,668. This move, made without stockholder approval due to Nasdaq Rule 5615(a)(3), allows the company to grant 1,215,000 restricted stock units and 1,070,000 stock options to its executives, directors, and certain consultants, employees, and advisors. This strategic decision is expected to strengthen the company’s operational capabilities and align the interests of its stakeholders.
More about SMX Public Limited Company
SMX (Security Matters) Public Limited Company operates in the technology industry, focusing on security solutions. The company is involved in providing advanced security and tracking technologies to various sectors, enhancing the traceability and authenticity of products.
YTD Price Performance: -86.37%
Average Trading Volume: 1,065,832
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.29M
For detailed information about SMX stock, go to TipRanks’ Stock Analysis page.
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