Summary by Futu AI
SMX (Security Matters) Public Limited Company has filed a Prospectus Supplement to update information related to the resale of up to 15,000,000 ordinary shares. The supplement, filed on July 9, 2024, pertains to a Stock Purchase Agreement with Generating Alpha, Ltd., which may result in the sale of up to $30 million worth of shares. Additionally, SMX completed a financing agreement with Canterbury Group Ltd. on July 8, 2024, issuing a promissory note and warrants for gross proceeds of approximately $615,000. The funds are intended for working capital and general corporate purposes. The note has a maturity date of September 2, 2024, with a one-time interest charge and a conversion option for the investor under certain conditions. Furthermore, in July 2024, SMX issued over 4 million ordinary shares to former...Show More