SMX (Security Matters), a public limited company incorporated in Ireland, has filed an amendment to its Form F-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on June 25, 2024. The amendment details the company's plan to offer up to 15,000,000 ordinary shares for resale by Generating Alpha, Ltd., a Saint Kitts and Nevis company, pursuant to a Stock Purchase Agreement (SPA) dated April 19, 2024. The SPA allows SMX to direct Alpha to purchase specified amounts of shares at a discounted market price, with the potential to receive up to $30,000,000 in aggregate gross proceeds from the sales. The timing and amount of any sales are at SMX's discretion and will depend on various factors, including market conditions. The registration...Show More

SMX (Security Matters), a public limited company incorporated in Ireland, has filed an amendment to its Form F-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on June 25, 2024. The amendment details the company's plan to offer up to 15,000,000 ordinary shares for resale by Generating Alpha, Ltd., a Saint Kitts and Nevis company, pursuant to a Stock Purchase Agreement (SPA) dated April 19, 2024. The SPA allows SMX to direct Alpha to purchase specified amounts of shares at a discounted market price, with the potential to receive up to $30,000,000 in aggregate gross proceeds from the sales. The timing and amount of any sales are at SMX's discretion and will depend on various factors, including market conditions. The registration of these securities does not guarantee that Alpha will offer or sell any shares, and SMX will not receive any proceeds from Alpha's sale of shares. SMX is identified as an emerging growth company and a foreign private issuer, which allows for reduced public company disclosure requirements. The company's ordinary shares are listed on The Nasdaq Capital Market under the symbol 'SMX'.