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SC 13D: Statement of acquisition of beneficial ownership by individuals-Doron Afik(31.13%)

SEC ·  Jun 4 20:42
Summary by Futu AI
On December 31, 2023, Doron Afik, an attorney providing legal services to SMX (Security Matters) PLC, filed a Schedule 13D with the United States Securities and Exchange Commission. The filing indicates that Afik has acquired a significant stake in the company, amounting to approximately 31.13% of the outstanding ordinary shares. This position includes 1,874,374 ordinary shares and an equivalent number of 3-year cashless warrants, as well as additional shares from vested stock options and warrants. The acquisition resulted from the conversion of an owed amount of $564,795 for unpaid services and 500,000 redeemable warrants into shares and cashless warrants. Afik has stated that the securities were acquired for investment purposes and may engage in discussions with the company's management or other relevant parties regarding potential extraordinary corporate transactions. As of the filing date, Afik has not engaged in any transactions in the company's securities in the past 60 days, except as described in the filing.
On December 31, 2023, Doron Afik, an attorney providing legal services to SMX (Security Matters) PLC, filed a Schedule 13D with the United States Securities and Exchange Commission. The filing indicates that Afik has acquired a significant stake in the company, amounting to approximately 31.13% of the outstanding ordinary shares. This position includes 1,874,374 ordinary shares and an equivalent number of 3-year cashless warrants, as well as additional shares from vested stock options and warrants. The acquisition resulted from the conversion of an owed amount of $564,795 for unpaid services and 500,000 redeemable warrants into shares and cashless warrants. Afik has stated that the securities were acquired for investment purposes and may engage in discussions with the company's management or other relevant parties regarding potential extraordinary corporate transactions. As of the filing date, Afik has not engaged in any transactions in the company's securities in the past 60 days, except as described in the filing.
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