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SMX Public Limited Company ( (SMX) ) has issued an announcement.
On June 16, 2025, SMX Public Limited Company amended its 2022 Incentive Equity Plan to significantly increase the number of authorized Ordinary Shares, utilizing Nasdaq Rule 5615(a)(3) to bypass stockholder approval. This strategic move allowed the company to grant a substantial number of restricted stock units and stock options to its executives, directors, and other key personnel, potentially enhancing its operational capabilities and market positioning.
More about SMX Public Limited Company
SMX (Security Matters) Public Limited Company operates in the technology sector, focusing on security solutions. The company provides products and services related to security matters, leveraging its expertise to address various market needs.
Average Trading Volume: 198,218
Technical Sentiment Signal: Sell
Current Market Cap: $4.9M
See more insights into SMX stock on TipRanks’ Stock Analysis page.