Summary by Moomoo AI
SMX (Security Matters) Public Limited Company, listed on The Nasdaq Capital Market under the symbol 'SMX', has filed a Prospectus Supplement No. 3 on June 7, 2024, to update and supplement their prospectus dated May 2, 2024. The supplement pertains to the resale of up to 909,090 ordinary shares by selling stockholders, with the shares underlying warrants that are not registered for resale. Additionally, the company has submitted a Report on Form 6-K to the SEC, which includes an amendment to their Stock Purchase Agreement with Generating Alpha Ltd. This amendment, dated June 6, 2024, increases the maximum monthly raise amount from $500,000 to $833,333 and shortens the lock-up period for commitment shares from three months to one month. The closing price of SMX's Ordinary Shares on June 6 was $0.1437, and the company has highlighted the significant risks involved in investing in their shares, directing investors to the 'Risk Factors' section of the Prospectus.