SMX (Security Matters) PLC has filed an amendment to its Registration Statement on Form F-1 with the United States Securities and Exchange Commission (SEC) on June 18, 2024. This amendment, known as Amendment No. 1, addresses a comment from the SEC staff received on June 6, 2024, concerning the company's ability to issue shares when the market price is below $0.20. The original Stock Purchase Agreement erroneously included a clause that would prevent the company from sending a Put Notice if the stock price fell below this threshold. SMX has corrected this mistake by refiling the Stock Purchase Agreement as Exhibit 10.76, removing the incorrect sentence, and will amend its Form 6-K accordingly. Additionally, the company has revised the maximum put amount from $500,000 to $833,333 over a...Show More

SMX (Security Matters) PLC has filed an amendment to its Registration Statement on Form F-1 with the United States Securities and Exchange Commission (SEC) on June 18, 2024. This amendment, known as Amendment No. 1, addresses a comment from the SEC staff received on June 6, 2024, concerning the company's ability to issue shares when the market price is below $0.20. The original Stock Purchase Agreement erroneously included a clause that would prevent the company from sending a Put Notice if the stock price fell below this threshold. SMX has corrected this mistake by refiling the Stock Purchase Agreement as Exhibit 10.76, removing the incorrect sentence, and will amend its Form 6-K accordingly. Additionally, the company has revised the maximum put amount from $500,000 to $833,333 over a 30-day period, which is part of a 36-month term agreement. These changes have been reflected in the revised disclosure on the cover page and other pages of the Registration Statement. SMX's CEO, Haggai Alon, and their counsel, Stephen E. Fox, are the points of contact for any further inquiries from the SEC.