SMX Public Limited Company has undertaken a series of corporate transactions throughout 2023, including a successful Business Combination with Lionheart III Corp that led to SMX being listed on NASDAQ. The company has engaged in the issuance of shares and warrants under a Standby Equity Purchase Agreement with YA II PN, LTD, and other institutional investors. Additionally, SMX has adopted the 2022 Incentive Equity Plan, which involves granting RSUs and options to various stakeholders. A reverse stock split was also executed, consolidating shares at a ratio of twenty-two to one. SMX has entered into several agreements, such as a Securities Purchase Agreement, an Inducement Letter with warrant holders, and an Investment Agreement with True Gold Consortium Pty Ltd. Shares have been...Show More

SMX Public Limited Company has undertaken a series of corporate transactions throughout 2023, including a successful Business Combination with Lionheart III Corp that led to SMX being listed on NASDAQ. The company has engaged in the issuance of shares and warrants under a Standby Equity Purchase Agreement with YA II PN, LTD, and other institutional investors. Additionally, SMX has adopted the 2022 Incentive Equity Plan, which involves granting RSUs and options to various stakeholders. A reverse stock split was also executed, consolidating shares at a ratio of twenty-two to one. SMX has entered into several agreements, such as a Securities Purchase Agreement, an Inducement Letter with warrant holders, and an Investment Agreement with True Gold Consortium Pty Ltd. Shares have been issued to service providers and Kamea-the United Kibbutz Movement Ltd. for service payment and debt conversion, respectively. Following these events, SMX secured a $5 million contract with R&I Trading of New York to deploy technology for a NATO member state. The company has also obtained additional funding through private placements and a new Stock Purchase Agreement for up to $30 million. The exercise of various warrants and the issuance of new ones have been part of SMX's financing and debt restructuring efforts. The financial statements of the company have been authorized for issuance, with adjustments reflecting the post-reverse stock split share numbers.