SMX Public Limited Company has undertaken a series of financial and corporate restructuring activities throughout 2023 and 2024. The company secured a Standby Equity Purchase Agreement with YA II PN, LTD, potentially raising up to $25 million over the next 36 months. Additionally, SMX has incentivized its team by granting restricted stock units and options under its 2022 Incentive Equity Plan. A significant business combination agreement with Lionheart III Corp resulted in the issuance of shares and warrants. To streamline its capital structure, SMX executed a reverse stock split at a 75:1 ratio and later announced another reverse split scheduled for July 2024 with the same consolidation ratio. The company has also been active in securing funds through the issuance of convertible promissory notes to institutional investors and a Stock Purchase Agreement for up to $30 million. Furthermore, SMX has restructured certain debts and issued additional shares and warrants post-reporting date. Notably, the company secured a $5 million contract with R&I Trading of New York to enhance supply chain transparency for a NATO government member state.

SMX Public Limited Company has undertaken a series of financial and corporate restructuring activities throughout 2023 and 2024. The company secured a Standby Equity Purchase Agreement with YA II PN, LTD, potentially raising up to $25 million over the next 36 months. Additionally, SMX has incentivized its team by granting restricted stock units and options under its 2022 Incentive Equity Plan. A significant business combination agreement with Lionheart III Corp resulted in the issuance of shares and warrants. To streamline its capital structure, SMX executed a reverse stock split at a 75:1 ratio and later announced another reverse split scheduled for July 2024 with the same consolidation ratio. The company has also been active in securing funds through the issuance of convertible promissory notes to institutional investors and a Stock Purchase Agreement for up to $30 million. Furthermore, SMX has restructured certain debts and issued additional shares and warrants post-reporting date. Notably, the company secured a $5 million contract with R&I Trading of New York to enhance supply chain transparency for a NATO government member state.