IPO - SMX (Security Matters) Public Ltd Co
Form Type: F-3
Filing Date: 2025-02-21
Corporate Action: Ipo
Type: New
Accession Number: 000149315225007873
Filing Summary: SMX (Security Matters) Public Limited Company has filed a registration statement to offer up to $45,000,000 of various securities including ordinary shares, preferred shares, debt securities, warrants, rights, and units. This registration is being undertaken under the Securities Act of 1933 as part of a continuous offering process. The company previously completed a business combination that resulted in acquiring Security Matters PTY, making it a wholly-owned subsidiary. As part of the offering strategy, SMX intends to leverage its position in the anti-counterfeit market through advanced brand protection technologies. The company is classified as an 'emerging growth company', benefiting from reduced reporting obligations. Recent developments include compliance regaining with Nasdaq Listing Rules following a reverse stock split and addressing bid price deficiencies.
Document Link: View Document
Additional details:
Ordinary Shares Offered: up to $45,000,000
Business Combination Date: 2023-03-07
Emerging Growth Company: true
Listing Symbol: SMX
Listing Market: Nasdaq Capital Market
Closing Price As Of: 2025-02-18
Price: $3.57
Reverse Stock Split Ratio: 28.5:1
New Par Value: $4.7025
New Cusip Number: G8267K158
New Isin Code: IE000WZ90ZV5
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