Summary by Moomoo AI
SMX (Security Matters) Public Limited Company has filed a Prospectus Supplement No. 3 to update and supplement their prospectus regarding the resale of up to 9,482,110 ordinary shares by Generating Alpha Ltd. This filing, dated June 7, 2024, includes information from the Report on Form 6-K submitted to the SEC on the same date. The supplement modifies any statements in the original prospectus to the extent of the new information provided. Additionally, SMX announced an amendment to their Stock Purchase Agreement with Generating Alpha Ltd., increasing the maximum monthly raise from $500,000 to $833,333 and reducing the lock-up period on commitment shares from three months to one month. The amendment was made on June 6, 2024, and the closing price of SMX's ordinary shares on that day was $0.1437. The company's shares are listed on The Nasdaq Capital Market under the symbol 'SMX'. Investors are advised to consider the risk factors detailed on page 14 of the Prospectus before investing.