SMX Public Limited Company (SMX) has released an update.
SMX Public Limited Company has issued a warrant allowing Kyle Hoffman to purchase 67,500 ordinary shares anytime after June 27, 2024, at a set exercise price of $0.0022 per share. The company has committed to keeping a reserve of shares for warrant exercises and to address any disputes over the exercise price or share calculations in accordance with their warrant terms. This financial instrument provides a right, but not the obligation, to buy shares at a specified price within a set timeframe, potentially offering a lucrative opportunity for investors if the company’s share value increases.
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