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SMX Public Limited Company ( (SMX) ) has issued an update.
On June 16, 2025, SMX (Security Matters) Public Limited Company will commence trading its ordinary shares on the Nasdaq Capital Market on a post-reverse stock split basis, following shareholder approval on April 15, 2025. The reverse stock split, set at a 4.1:1 ratio, will reduce the number of outstanding shares from approximately 4 million to 1 million, aiming to increase the per share trading price. This move is expected to impact all outstanding shares, options, warrants, and convertible securities, with no fractional shares issued. The adjustment aligns with the company’s strategy to enhance its market position and comply with Nasdaq standards.
More about SMX Public Limited Company
SMX (Security Matters) Public Limited Company operates in the technology sector, offering marking, tracking, measuring, and digital platform technology solutions. The company focuses on aiding global businesses in transitioning to a low-carbon economy by addressing challenges related to carbon neutrality and compliance with governmental and regional regulations.
Average Trading Volume: 780,632
Technical Sentiment Signal: Sell
Current Market Cap: $5.49M
See more data about SMX stock on TipRanks’ Stock Analysis page.