SMX (Security Matters) Public Ltd Co

SMX (Security Matters) Public Limited Company announced that its 2.285:1 reverse stock split will become effective on June 1, 2026, with shares trading on the Nasdaq Capital Market under the existing symbol "SMX" on an adjusted basis. This corporate action will reduce the number of outstanding ordinary shares from approximately 1.5 million to 650,000. The company also provided new CUSIP and ISIN numbers for the post-split shares and confirmed that all outstanding convertible securities will be proportionately adjusted.

SMX (Security Matters) Public Limited Company amended its 2022 Incentive Equity Plan, increasing the number of authorized Ordinary Shares from approximately 237,730 to 696,105. Following this, the company granted an aggregate of 458,375 restricted stock units to its executive officers, directors, consultants, employees, and advisors. The RSUs vest 75% on the grant date and 25% on December 1, 2026. The amendment was approved without stockholder approval, leveraging Nasdaq Rule 5615(a)(3) for Foreign Private Issuers.

SMX (Security Matters) Public Limited Company announced that its ordinary shares will begin trading on the Nasdaq Capital Market on a post-reverse stock split basis starting May 11, 2026, under the existing symbol "SMX". The Board of Directors fixed the split ratio at 20:1, reducing the number of outstanding shares from approximately 12 million to about 614,000. This action, approved by shareholders in May 2025, also includes adjustments to convertible securities and the aggregation and sale of fractional shares.

SMX (Security Matters) Public Limited Company amended its 2022 Incentive Equity Plan, increasing the number of authorized Ordinary Shares by approximately 2,312,500 to a total of 4,754,592. Following this amendment, the company granted an aggregate of 2,300,000 restricted stock units (RSUs) to executive officers, directors, and service providers. These RSUs are subject to vesting, with the earliest date being January 31, 2027.