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SMX Announces Amendment to Incentive Plan and Share Issuance Update

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SMX Announces Amendment to Incentive Plan and Share Issuance Update

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SMX Public Limited Company ( (SMX) ) just unveiled an update.

On September 10, 2025, SMX Public Limited Company announced an amendment to its 2022 Incentive Equity Plan, increasing the number of authorized Ordinary Shares from approximately 7.8 million to 10,945,354. This decision, made without stockholder approval due to reliance on home country governance practices, led to the granting of 1,750,000 restricted stock units and 1,400,000 stock options to executives, directors, and other key personnel. Additionally, as of September 9, 2025, the company reported having 10,958,624 ordinary shares issued and outstanding, with a significant portion resulting from the conversion of convertible promissory notes since August 26, 2025.

More about SMX Public Limited Company

SMX (Security Matters) Public Limited Company operates in the security industry, focusing on the development and implementation of technology solutions for tracking and verifying the authenticity of products and materials. The company is known for its innovative approaches in the field of security and traceability, catering to various sectors that require stringent verification processes.

Average Trading Volume: 3,406,530

Technical Sentiment Signal: Sell

Current Market Cap: $1.76M

See more data about SMX stock on TipRanks’ Stock Analysis page.

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