SplitNov 4, 2026, 02:31 PM
SMX Announces 2.8:1 Reverse Stock Split Effective Nov 9, 2026
AI Summary
SMX (Security Matters) Public Limited Company announced that its ordinary shares will begin trading on a post-reverse stock split basis on November 9, 2026. The company's board of directors fixed the split ratio at 2.8:1, which will reduce the number of outstanding shares from approximately 2.5 million to 897,717. All outstanding options, warrants, and convertible securities will be proportionately adjusted. The company also updated its CUSIP and ISIN codes.
Key Highlights
- SMX (Security Matters) Public Limited Company announces reverse stock split effective November 9, 2026.
- The split ratio is 2.8:1, consolidating every 2.8 ordinary shares into one.
- Outstanding shares will reduce from approximately 2.5 million to 897,717.
- New CUSIP number for ordinary shares will be G8267K505.
- New ISIN code for ordinary shares will be IE000YMEYEO8.
- All outstanding options, warrants, and convertible securities will be proportionately adjusted.
Price Impact
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