SMX announces effective date of reverse stock split

SMX (SMX)announced that the reverse stock split of the Company’s ordinary shares, which was previously approved by the Company’s shareholders on April 15, 2025, will begin trading on an adjusted basis giving effect to the reverse stock split on June 16, 2025 under the existing ticker symbol “SMX”. The new CUSIP number of the Company’s ordinary shares will be G8267K 166 and the new ISIN code will be IE000B8AU702. In accordance with the proposal approved by the Company’s shareholders and the Board of Directors’ subsequent determination to fix the split ratio at 4.1:1, every 4.1 ordinary shares of the Company will be automatically combined into one ordinary share. This will reduce the number of outstanding ordinary shares of the Company from approximately 4 million to approximately 1 million.