SMX Public Limited Company (SMX) has released an update.
SMX Public Limited Company recently announced the sale of a promissory note and warrants to Canterbury Group Ltd. for approximately $615,000, but has yet to receive the payment despite multiple requests. The company disclosed that the investor has terminated the wire transfer and has not provided a new timeline for the payment, leading SMX to rescind the issuance of the note and warrants and consider legal action for breach of contract.
For further insights into SMX stock, check out TipRanks’ Stock Analysis page.
