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SMX Wipes Out $20.6 Million in Convertible Debt as Notes Fully Convert to Equity

Story Highlights
  • SMX converted $20.6 million of December 2025 notes into 1.23 million shares, eliminating corporate-level convertible debt.
  • The debt conversion strengthens SMX’s balance sheet and supports expansion of its circular-materials and traceability platform globally.
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SMX Wipes Out $20.6 Million in Convertible Debt as Notes Fully Convert to Equity

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The latest update is out from SMX Public Limited Company ( (SMX) ).

On January 8, 2026, SMX announced that all $20.625 million of convertible notes it issued in December 2025 have been fully converted into 1,230,698 ordinary shares, eliminating its corporate-level convertible indebtedness. This conversion materially reduces long-term liabilities, removes a potential equity and financing overhang, improves financial flexibility and clarity for investors, and supports the company’s ability to fund project deployment and expand its circular-materials and digital traceability initiatives across industrial and consumer material categories, strategic collaborations and pilot programs.

More about SMX Public Limited Company

SMX (Security Matters) Public Limited Company is a global technology firm operating at the intersection of advanced materials, digital traceability and sustainability infrastructure. Its core platform embeds molecular-level markers directly into physical materials such as plastics, rubber and other industrial inputs, enabling persistent, tamper-resistant identities that support authentication, origin verification, regulatory and sustainability compliance, lifecycle traceability and circular recovery and reuse. SMX serves manufacturers, brand owners, recyclers and regulators seeking verifiable, data-driven solutions to tightening environmental regulations, carbon-neutrality mandates and supply-chain transparency requirements, positioning materials as data-bearing assets within large and expanding global markets measured in the tens of billions of dollars.

Average Trading Volume: 2,091,695

Technical Sentiment Signal: Sell

Current Market Cap: $20.26M

For an in-depth examination of SMX stock, go to TipRanks’ Overview page.

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