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SMX Public Limited Company ( (SMX) ) just unveiled an update.
On December 1, 2025, SMX Public Limited Company entered into a Standby Equity Purchase Agreement with institutional investors to raise up to $11.5 million through promissory notes and up to $100 million via an equity line. An amendment on December 9, 2025, introduced new convertible promissory notes, increasing the total expected proceeds to $16.5 million. The company aims to use these funds for working capital, debt repayment, and potentially acquiring cryptocurrency as a reserve asset. The amendment also allows SMX to avoid mandatory cryptocurrency purchases if its stock price remains above $10 per share.
More about SMX Public Limited Company
SMX (Security Matters) Public Limited Company is an Irish company operating in the security industry, focusing on providing solutions related to the authentication and tracking of products and materials. The company engages with institutional investors to secure financial arrangements that support its operations and strategic goals.
Average Trading Volume: 1,478,421
Technical Sentiment Signal: Sell
Current Market Cap: $153.4M
For an in-depth examination of SMX stock, go to TipRanks’ Overview page.