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6-K: Report of foreign private issuer (related to financial reporting)

SEC announcement ·  Apr 22 18:10
Summary by Futu AI
SMX (Security Matters) Public Limited Company released its audited financial statements for the fiscal year ended December 31, 2023. The financial statements, along with Management's Discussion and Analysis of Financial Condition and Results of Operations, were made available in the company's Annual Report on Form 20-F filed with the SEC. The report includes forward-looking statements and a detailed analysis of the company's financial performance, including revenues, operating expenses, net loss, and liquidity. The company, which integrates chemistry, physics, and computer science to create marking, measuring, and tracking technologies, has not yet generated significant revenue from technology sales. The report also covers the company's strategic transaction with True Gold Consortium Pty Ltd., which resulted in SMX gaining control over True Gold and diversifying its operations. The company's financial activities included a reverse acquisition transaction, the issuance of shares and warrants, and the management of government grants. The financial statements were authorized for issuance on April 19, 2024.
SMX (Security Matters) Public Limited Company released its audited financial statements for the fiscal year ended December 31, 2023. The financial statements, along with Management's Discussion and Analysis of Financial Condition and Results of Operations, were made available in the company's Annual Report on Form 20-F filed with the SEC. The report includes forward-looking statements and a detailed analysis of the company's financial performance, including revenues, operating expenses, net loss, and liquidity. The company, which integrates chemistry, physics, and computer science to create marking, measuring, and tracking technologies, has not yet generated significant revenue from technology sales. The report also covers the company's strategic transaction with True Gold Consortium Pty Ltd., which resulted in SMX gaining control over True Gold and diversifying its operations. The company's financial activities included a reverse acquisition transaction, the issuance of shares and warrants, and the management of government grants. The financial statements were authorized for issuance on April 19, 2024.
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