SMX announces effective date of reverse stock split

SMX (SMX)announced that the reverse stock split of the Company’s ordinary shares will begin trading on an adjusted basis giving effect to the reverse stock split on August 7, 2025 under the existing ticker symbol “SMX”. The new CUSIP number of the Company’s ordinary shares will be G8267K174 and the new ISIN code will be IE000TB5RTG4. On May 2, 2025, the Company’s Shareholders approved a proposal to amend the Company’s constitution to allow the Company’s Board of Director’s to consolidate and/or divide all or any of the Company’s classes of shares as the Board of Directors sees fit. As such, Shareholder approval was not required to effect the reverse stock split. The Company’s Board of Directors’ fixed the split ratio at 7:1, every seven ordinary shares of the Company with a nominal value of $0.000000000000041 per share will be automatically combined into one ordinary share with a nominal value of $0.000000000000287 per share. This will reduce the number of outstanding ordinary shares of the Company from approximately 9 million to approximately 1 million.