On February 16, 2024, SMX (Security Matters) Public Limited Company announced an underwriting agreement with EF Hutton LLC for a public offering of approximately 12.125 million ordinary shares at $0.24 per share, aiming to raise about $2.9 million. The offering includes an option for purchasers to receive Pre-Funded Warrants to avoid exceeding a 4.99% ownership threshold. The net proceeds are expected to be approximately $2.67 million after underwriting discounts and expenses. The offering is scheduled to close on February 20, 2024, subject to customary closing conditions. The shares and warrants are being offered under a previously filed and now effective registration statement on Form F-1. The company also issued a press release on the same day to announce the offering and its pricing.

On February 16, 2024, SMX (Security Matters) Public Limited Company announced an underwriting agreement with EF Hutton LLC for a public offering of approximately 12.125 million ordinary shares at $0.24 per share, aiming to raise about $2.9 million. The offering includes an option for purchasers to receive Pre-Funded Warrants to avoid exceeding a 4.99% ownership threshold. The net proceeds are expected to be approximately $2.67 million after underwriting discounts and expenses. The offering is scheduled to close on February 20, 2024, subject to customary closing conditions. The shares and warrants are being offered under a previously filed and now effective registration statement on Form F-1. The company also issued a press release on the same day to announce the offering and its pricing.