SMX (Security Matters) Public Limited Company has announced the completion of a financing transaction with Canterbury Group Ltd. on July 8, 2024, involving the issuance of a promissory note and warrants for gross proceeds of approximately $615,000. The note, with a principal amount of $750,000, matures on September 2, 2024, and includes a one-time interest charge of $24,657.53. Additionally, the company has the right to convert the outstanding principal and interest into ordinary shares at a fixed price of $0.13 per share under certain conditions. The proceeds are intended for working capital and general corporate purposes. Furthermore, the company has issued 4,070,403 ordinary shares to former debtholders upon conversion and settlement of liabilities, along with 67,500 5-year warrants at an exercise price of $0.0022 per share. These transactions are part of the company's strategy to manage its liabilities while conserving cash. The ordinary shares of SMX are listed on The Nasdaq Capital Market under the symbol 'SMX', with a closing price of $0.1277 as of July 9, 2024. Investors are advised to consider the risk factors detailed in the Prospectus before investing.

SMX (Security Matters) Public Limited Company has announced the completion of a financing transaction with Canterbury Group Ltd. on July 8, 2024, involving the issuance of a promissory note and warrants for gross proceeds of approximately $615,000. The note, with a principal amount of $750,000, matures on September 2, 2024, and includes a one-time interest charge of $24,657.53. Additionally, the company has the right to convert the outstanding principal and interest into ordinary shares at a fixed price of $0.13 per share under certain conditions. The proceeds are intended for working capital and general corporate purposes. Furthermore, the company has issued 4,070,403 ordinary shares to former debtholders upon conversion and settlement of liabilities, along with 67,500 5-year warrants at an exercise price of $0.0022 per share. These transactions are part of the company's strategy to manage its liabilities while conserving cash. The ordinary shares of SMX are listed on The Nasdaq Capital Market under the symbol 'SMX', with a closing price of $0.1277 as of July 9, 2024. Investors are advised to consider the risk factors detailed in the Prospectus before investing.