SMX Public Limited Company Announces PIPE Offering

SMX Public Limited Company (SMX) has released an update.

SMX Public Limited Company has engaged Aegis Capital Corp. as the exclusive placement agent for an upcoming Private Investment in Public Equity (PIPE) offering, aimed at raising approximately $7.0 million through the sale of Ordinary Shares and warrants. The agreement stipulates Aegis’s ‘best efforts’ basis of involvement without any commitment to purchase securities, and details conditions such as a lock-up period for major shareholders post-placement. The completion of the offering is contingent upon Aegis’s due diligence and various regulatory approvals, including Nasdaq listing and a Registration Statement with the SEC.

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